IT major Accenture announced 19,000 job cuts on Thursday. This comes in as the company lowered its growth and profit projections in its earnings call amid recessionary fears and global headwinds. Indian IT companies, like TCS, Infosys, Wipro, Tech Mahindra, and others, have also been sharing similar management commentary since the past few quarters. Does this mean similar cutbacks can also be expected at Indian IT majors?
Infosys News, Infosys Layoffs, Infosys careers, Infosys share, Infosys share price, Infosys sacked hundreds of freshers amid ongoing layoff season. A company spokesperson alleged that failing the internal test had always resulted in the termination of trainees. aaa
The Indian IT tech company Infosys has fired around 600 fresher employees. Wipro reportedly also fired over 400 employees for under performance last month.