India's top 3 IT companies see exit of 64,000 employees in FY23-24
ETtech.com - 2024-04-19T16:08:00.000Z

India's largest IT services companies Tata Consultancy Services, Infosys and Wipro saw a staggering 64,000 employees exiting in FY24, amid a weak demand environment globally and tighter tech spends by clients. Wipro, which announced its Q4 earnings on Friday, reported a fall in headcount numbers to 2,34,054 as of March 2024, against 2,58,570 in the year-ago period. Headcount declined by 24,516 during the financial year ended on March 2024. immediate headcount reduction has happened primarily...

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