As Indian data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/it-services-companies” target=”_blank” rel=”noopener”>IT services companies are battling data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/macro-uncertainty” target=”_blank” rel=”noopener”>macro uncertainty and data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tech-spend-slowdown” target=”_blank” rel=”noopener”>tech spend slowdown, they have reduced their data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/campus-visits” target=”_blank” rel=”noopener”>campus visits and applied brake on data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/freshers-hiring” target=”_blank” rel=”noopener”>freshers hiring.The data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/it” target=”_blank” rel=”noopener”>IT service business model, which relies on data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/pyramid-structure” target=”_blank” rel=”noopener”>pyramid structure with its base constituting young and less expensive employees, has been shrinking. In FY24, both data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” rel=”noopener”>TCS and data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms” rel=”noopener”>Infosys saw the data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/share” target=”_blank” rel=”noopener”>share of data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/young-employees” target=”_blank” rel=”noopener”>young employees in their total headcount plunge to a five-year low and a decadal low, respectively.
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Pyramid optimisation is one of the tools that IT service companies use to boost their data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/operating-margins” target=”_blank” rel=”noopener”>operating margins. With experts expecting data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tech-spend-revival” target=”_blank” rel=”noopener”>tech spend revival at the fag end of this fiscal, Indian companies are likely to see an improvement in their share of young mass of employees from next year.
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As Indian data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/it-services-companies” target=”_blank” rel=”noopener”>IT services companies are battling data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/macro-uncertainty” target=”_blank” rel=”noopener”>macro uncertainty and data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tech-spend-slowdown” target=”_blank” rel=”noopener”>tech spend slowdown, they have reduced their data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/campus-visits” target=”_blank” rel=”noopener”>campus visits and applied brake on data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/freshers-hiring” target=”_blank” rel=”noopener”>freshers hiring.The data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/it” target=”_blank” rel=”noopener”>IT service business model, which relies on data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/pyramid-structure” target=”_blank” rel=”noopener”>pyramid structure with its base constituting young and less expensive employees, has been shrinking. In FY24, both data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” rel=”noopener”>TCS and data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms” rel=”noopener”>Infosys saw the data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/share” target=”_blank” rel=”noopener”>share of data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/young-employees” target=”_blank” rel=”noopener”>young employees in their total headcount plunge to a five-year low and a decadal low, respectively.
Elevate Your Tech Prowess with High-Value Skill Courses
Pyramid optimisation is one of the tools that IT service companies use to boost their data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/operating-margins” target=”_blank” rel=”noopener”>operating margins. With experts expecting data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tech-spend-revival” target=”_blank” rel=”noopener”>tech spend revival at the fag end of this fiscal, Indian companies are likely to see an improvement in their share of young mass of employees from next year.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
