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TCS, Infosys, Wipro: Indian IT companies Q2 FY24 results snapshot

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. ....

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TCS Q2 FY24: IT company to roll out 100% variable pay to majority staff

Even in Q1 FY24, TCS had paid out 100 per cent of the variable pay to a major part of its workforce. On the other hand, its peers Infosys and Wipro rolled out only 80 per cent variable pay for the quarter. ....

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Why TCS told employees to return to office 5 days a week

While the company previously announced a 25x25 model of working by 2025, it did not commit to anything and will assess future work models as they go forward. ....

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TCS Q2 results: Employee headcount falls by 6,333, firm says 'recalibrating gross additions'

'Our strategy of proactively hiring bright freshers and investing in training them with the right skills is paying off,' says CHRO Milind Lakkad

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TCS Q2 Earnings: 5 key highlights from the IT major's September-quarter scorecard

TCS reported an 8.7 per cent year-on-year rise in its consolidated net profit. ....

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