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

IndiaTimes Wednesday, 14 February 2024
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.
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