After Wipro And Cognizant, Tech Mahindra Lays Off 1,000 Employees

Tech Mahindra, India's fifth largest IT and software services firm, has laid off about 1,000 employees this month as part of their annual performance appraisal process, sources told NDTV Profit. The move closely followed similar downsizing by IT majors Wipro and Cognizant, as automation and increased protectionist policies by the US have forced the Indian firms to trim work force. This week Infosys, India's second largest IT company,...