In Q2 FY 24, Tata Consultancy Services (TCS), Infosys, HCLTech and Wipro, reported a decline in workforce by 21, 213. This was mainly driven by a slowdown in hiring, focus on better utilisation, and use of the existing pool of trained freshers on projects, amid rising uncertainty on the demand front.
In Q2 FY 24, Tata Consultancy Services (TCS), Infosys, HCLTech and Wipro, reported a decline in workforce by 21, 213. This was mainly driven by a slowdown in hiring, focus on better utilisation, and use of the existing pool of trained freshers on projects, amid rising uncertainty on the demand front.
India Business News: In stark contrast, large players in the IT sector have reported lackluster figures and are bracing themselves for a decline in headcounts.