IT companies may shed 30,000-40,000 mid-level staff: T V Mohandas Pai
NEW DELHI: India’s information technology services companies may shed 30,000 to 40,000 middle-level employees this year as growth slows down, IT industry veteran T.V. Mohandas Pai said Monday. The former Chief Financial Officer of IT major Infosys Ltd termed these job losses as once-in-five-years normal phenomenon with maturing of the industry. “As in all sectors […]