TCS, HCLTech cut headcount in Q3
Both Tata Consultancy Services and HCL Technologies reported a sequential decline in headcount in the December quarter, underscoring how the country’s large IT services firms are recalibrating workforce structures.
At the end of the third quarter, TCS’ global headcount stood at 582,163 employees, down 11,151 sequentially. HCLTech also reported a marginal decline of 261 in its employee strength during the quarter.
