Košice IT Company Lays Off 61 Employees Following End of US Project

A technology company based in Košice, Slovakia's second-largest city and economic center of the eastern region, announced it will lay off 61 employees due to the termination of a project in the United States. The dismissal process began in April as the company adjusted its workforce following the end of the American contract. The layoffs highlight the vulnerability of Slovakia's growing IT sector, which has become increasingly important to the country's economy, to international market fluctuations and project cancellations.