As the Indian IT industry faces a subdued demand environment, companies are adopting a cautious approach to hiring, with a focus on optimizing their resources and strengthening their core capabilities.
The first quarter of FY24 ended June 2023 saw a notable decline in headcount among major Indian IT companies with four out of the top six IT firms, including Infosys, HCLTech, Wipro, and LTIMindtree reporting a reduction in staff numbers, down 6,940, 2,506, 8,812, and 1,808 respectively.
This post is for subscribers only
Sign up to read the post and as well as all other member only posts. Subscribing only takes a few seconds and will give you immediate access.
Subscribe now
Already have an account? Log in
