India's New Labor Laws Miss AI Layoff Threat in Services Sector

• India's new labor laws replace 29 old regulations with 4 streamlined codes, aiming for clarity and predictability.
• Industry leaders criticize the reforms for failing to address the vulnerability of the services sector to AI-driven layoffs.
• Services sector companies are exempt from seeking government approval for layoffs, unlike manufacturing firms with over 300 workers.
• Experts warn of a skills mismatch due to AI and automation, emphasizing rapid upskilling for job security.

Why It Matters: India's new labor laws overlook AI threats to service sector jobs.