The headcount has now come down from more than 1,000 employees a year ago, with the majority of job cuts in the wake of Covid-19 outbreak that forced shutdowns in the February-April period. The headcount comprises staff on the company’s rolls as well as those on contract and outsourced manpower.
According to Cyble, the database including usernames, emails and passwords was up for sale on May 3 for $2,000.
Infosys grew 9.8% with revenues of $ 12.78 billion in last fiscal , while Tata Consultancy Services, India’s largest IT firm grew 7.1% to $ 22.03 billion. Smaller rivals Wipro grew 3.8% to $ 8.6 billion and Tech Mahindra by 4.3% to $ 5.18 billion.
India had 504 million active internet users – who logged onto the Web at least once in the last one month – at the end of November 2019, according to a recent report by the Internet and Mobile Association of India (IAMAI).
While short-term projects are getting stalled, the managed services segment, which fetches significant revenue for service providers, has still not been impacted by the outbreak.
“Permissions have been received by the majority of the companies, though the workforce has been truncated to 20-30%. It is extremely difficult to reach any kind of optimisation and efficiency in this manner,” Pankaj Mohindroo, chairman of India Cellular & Electronics Association (ICEA), told ET.
Under the initiative, Amazon will deliver orders to a designated delivery point in the vicinity of the containment zone, from where volunteers will further deliver the packages to customers' doorstep, the company said in a statement.from Technology News, Latest Gadget Reviews, Gaming & Tech Videos | Times of India https://ift.tt/o3b1NzK
