Employees in the information technology (IT) sector have already started feeling the heat of the impending slowdown because of the pandemic.
In the quarter ended March 31, Indian IT firms like TCS, Infosys, and Wipro saw tepid addition of employees, as compared to the last eight quarters. While market leader TCS showed a marginal rise in its employee count during the quarter, Infosys and Wipro witnessed a drop in their staff count on a sequential basis.
In Q4FY20, the employee count of Infosys dropped by 1,083 to 242,371 while that of Wipro fell by 4,432 to 182,886 sequentially. Only market