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Cognizant: IT companies Cognizant, Capgemini hired 1 5 lakh less hands in 2023
Global hiring decline in 2023 impacted major IT companies like Cognizant and Capgemini. Indian IT firms also faced headcount reductions. Everest Group attributed layoffs to Covid over-hiring, while Gen AI influenced hiring decisions.
Peter bendor samuel
Pareekh jain
Capgemini group
Everest group
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