TCS, Infosys, Wipro, HCLTech hit by layoffs, lose 21,000 employees in Q2
Amit Choudhary, Wipro’s Chief Operating Officer, highlights the company’s emphasis on operational efficiency, particularly regarding employee utilization. The increase in utilization by 470 basis points over the last four quarters, reaching 84.5 percent in Q2, is a positive indicator for the company. Infosys’s Chief Financial Officer Nilanjan Roy’s statement indicates that the company adopted a […]
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