Tech winter diet: TCS, Infosys and HCLTech shed weight, reduce employee intake

India’s top software exporters, including TCS, Infosys, and HCLTech, are expected to see a decline of nearly 50,000 employees this financial year due to a challenging global environment for technology services. The companies had added 70,000 people last year and hired 150,000 in FY22 due to increased demand for digitization during the pandemic.