Tech Mahindra ends Q3 with 4,354 fewer employees
The attrition rate dropped from 11 percent in Q2 to 10 percent in Q3, continuing the trend of declining attrition rates since the start of fiscal year 2023.
Source: moneycontrol.com
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IT Spending In India Estimated To See Double Digit Growth At 11 1 In 2024 - BW Businessworld
A notable driver behind this surge is the burgeoning demand for IT services, expected to escalate by 13.4 per cent in 2024 compared to a 10.1 per cent growth observed in the preceding year, , Information Technology (IT), it services, it spending, gartner
Source: businessworld.in
IT services to take the spotlight in 2024
For the first time IT services is expected to become the largest segment of global IT spending
Source: channelweb.co.uk
Infosys to acquire InSemi
The purchase is designed to enhance Infosys' engineering capabilities and is set to be finalised this quarter.
Source: arnnet.com.au
Alphabet lays off hundreds from engineering, hardware, and digital assistant teams
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.
Source: arnnet.com.au