In the ever-changing landscape of the IT industry, companies often find themselves navigating turbulent waters. One of the most daunting challenges they may face is the prospect of liquidation and insolvency. When an IT company reaches this critical juncture, the impact reverberates far beyond its walls, affecting employees, customers, suppliers, and the broader industry ecosystem. In this blog, we delve into the profound implications of liquidation and insolvency on IT companies and explore strategies for navigating these turbulent waters.
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