Quess Corp headcount likely to fall 10-15% in Q1 amid Covid-19 crisis

Firm is hopeful of returning to growth path once major cities open up

Business services provider Quess Corp, India’s largest private sector employer, is likely to see a 10-15 per cent reduction in headcount in the first quarter (Q1) of the current financial year (2020-21, or FY21) because of the Covid-19 crisis.
 

Though fall in the number of associates is expected to affect the earnings of the Bengaluru-headquartered company in Q1, the management is hopeful of returning to the growth path once major cities open up.
 

“Our headcount was only down by around 5 per cent between February and April. We see another 5 per cent reduction in May, and a similar reduction