Major IT companies reduce employee strength

For the first six months of the fiscal, Cognizant, Infosys, Wipro and Tech Mahindra have all seen their employee strength actually decline — quite sharply in Cognizant’s case (by over 5,000). TCS and HCL Technologies are the only exceptions among India’s top six IT companies, but even TCS’ addition is a fraction of what it did in the first six months of the previous fiscal.

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SOURCE: Times of India