Statement: Large IT services companies are in the process of laying off employees on a scale not seen since the 2008-10 downturn.
I. The IT industry is moving towards hiring employees from the US
II. The growth in IT industry has slowed down far more than 2008-10.
There is no information in the statement that suggests that large IT services companies are in the process of hiring employees from the US. However, it is implicit in the statement that the growth in the IT industry has slowed down more than anticipated, which could be a reason for the layoffs. Therefore, only assumption II is implicit.
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