These companies—Tata Consultancy Services, rel=”dofollow” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms” target=”_blank”>Infosys, HCLTech, rel=”dofollow” href=”https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms” target=”_blank”>Wipro and Tech Mahindra—posted a net reduction of 2,500 employees in calendar year 2024, when the IT sector was cutting excessive workforce it had built up during the Covid-19 pandemic. They employed more than 1.5 million people as of December 31.
The $283 billion sector has not seen a…

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