Key Points
This comes as major Indian IT firms have all reported a drop in their headcounts..
Wipro, Indias fourth largest IT services provider, recorded a sequential dip of more than 5,000 employees to 244,707in its headcount for the second quarter of FY24..
Indias largest software exporter, TCS, reported a net fall of 6,333 employees in the second quarter of FY24, taking its overall headcount down to 608,985..
Infosys, the countrys second largest IT services provider, reported a dip of 7,530 in its headcount over the second quarter of FY24, taking its total headcount down to 328,764...
Indian IT majors are likely to see a fall of nearly 50,000 in headcount this financial year, as a bleak environment for technology services globally looks set to worsen amid geopolitical conflicts in West Asia and Europe, ET reported on October 14...
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