Top IT giants reduce bench sizes to half a year because of slow revenue growth

In a bid to defend margins and improve utilisation rates, the top IT services companies including Tata Consultancy Services (TCS), Wipro, HCL Tech, Accenture and Infosys have reduced the bench sizes in a year and a half. According to Money Control report, the main reason for this being slow growth in revenue.

In the IT industry, Bench Time refers to the employees who are on payroll but aren’t assigned any major projects of the company. These employees serve as a backup and they are assigned projects whenever the demand from the client arises.