Is the Future of the IT Sector in India at Risk?

Since past few months we are observing decrease in the demand of services in Over the past few months, there has been a noticeable decrease in the demand for services in various frontend and backend technologies. Additionally, we are witnessing mass layoffs from several multinational corporations (MNCs). Given these trends, what does the future hold for the service sector? How can individuals who rely on this sector ensure their survival and continue to thrive?