Sharpest fall in six years! Headcount at top IT companies like TCS, Infosys and others falls for four quarters; hiring takes a back seat

The top companies in India’s information technology sector have witnessed a decline in their workforce for the fourth consecutive quarter. This can be attributed to reduced recruitment at the entry level and a slow hiring process to compensate for attrition. According to Xpheno, the collective headcount of the top eight IT companies decreased by 17,534 in the quarter ending on December 31.

Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News