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Infosys, Wipro: Senior level exits at IT companies spike amid headwinds

The Indian IT sector is facing headwinds due to the broader macroeconomic conditions and cutbacks on discretionary spends. Amid this another prominent trend is multiple senior level executives exits ....

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TCS, Infosys, Wipro: Employee headcount down 51,744 in H1 FY24

As per the numbers shared during the Q2 FY 2023-24 results, the 10 largest companies saw their workforce fall to 20.6 lakh people at the end of September from 21.1 lakh employees at the beginning of the fiscal year, resulting in a loss of 51,744 jobs. ....

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Wipro Q2 FY 24: Analysts predict decline in revenue and slowdown in hiring

Brokerages expect Wipro’s revenue to decline in Q2. This is due to the macroeconomic slowdown and cut backs on discretionary IT spending by clients. ....

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