HCLTech headcount dips in Q1
HCLTech’s headcount fell by 269 employees sequentially in the April–June quarter to 223, 151, reflecting a cautious approach amid ongoing restructuring efforts and a delayed ramp-up in client projects.
The company reported a drop in utilisation and a higher bench in the quarter. It attributed the former to delayed ramp-up of a large deal and the latter to recent productivity gains.
