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The world's largest reseller CDW Wednesday blamed difficult economic conditions beyond its control for a tough first fiscal quarter 2024. However, the global...
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IT product distribution business is a working capital-intensive, low- margin one that necessitates high inventory maintenance to keep the supply chain smooth.
The purchase is designed to enhance Infosys' engineering capabilities and is set to be finalised this quarter.
The company has been laying off people from several teams and reorganising staff at multiple departments, starting with the axing of 12,000 staffers at the beginning of last year.