Dip in hiring and headcount impacts diversity quotient at Indian IT services

As Indian IT (Information Technology) services firms registered a decline in headcount in FY24, the women employees count dipped sharper than men, thus impacting diversity ratio.

Top tier IT companies saw women headcount dip in FY24 for the first time in at least seven years after improving women participation and diversity quotient during the boom period of FY21 to FY23. In FY24, the percentage of women employees at a few of the top IT firms also took a marginal hit.

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