Software majors delete 24,000 jobs across IT and engineering in a year
Across India’s top technology services companies, exits are outpacing new hires in the IT and engineering functions.
Over the last one year, Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree collectively recorded 92,000 exits, in line with the industry’s normal attrition rate of 11-15%.
