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Intuit, a US accounting software company, has retrenched at least 440 employees globally and the wave has hit Indian shores, too. According to officials in the company's Bengaluru office, 35 employees including developers, sales and marketing staff were asked to leave last…
The blossoming IT services sector in India has learnt many lessons on staffing from manufacturing. Heavy competition and the economic downturn notwithstanding, TCS has managed a 6.3 per cent reduction in the average employee cost every year over 2007-2013, as per…
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