In a first in 20 years, TCS, Infosys, Wipro together report huge loss in employee strength in FY24 - 63,759

In an eye-ball grabbing figure, employee loss by the top 3 IT companies in India, TCS, Infosys and Wipro, for the full-year together stands at 63,759. This is the first time in 20 years that they have together reported a drop in headcount, MoneyControl reported.

TCS, Infosys and Wipro have together logged a massive drop in headcount in a first in 20 years.(HT File (Representative Image))

The numbers as revealed during their quarterly results announcements indicated that Wipro registered a drop of 6,180 employees in Q4. This was reported today, April 19. For the full fiscal, Wipro total employee strength dropped by 24,516. Wipro's FY24 employee strength was 2,34,054.

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At India's biggest IT company, the Tata Consultancy Services (TCS), the employee count in fiscal 2024 dropped by 13,249 - there was a loss of 1,759 employees in Q4.

Infosys headcount fell by 25,994 - in Q4 the loss was 5,423 staffers.

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