Infosys, Wipro see headcount rise in Q2

Infosys and Wipro, which reported their July-September earnings on Thursday, saw their headcount improving on a sequential basis but the same lower than the same period last year. IT companies have been struggling with a slowdown in tech spending over the last two years, during which some of them had to halt fresher intake and rationalise headcount.

During the September quarter, Infosys reported an increase in its net headcount – a first in the last seven quarters. The headcount rose by 2,446 to 317,778, up from 315,332 in the June quarter. Meanwhile, on a year-on-year basis the headcount was down by 10,986.