News: iGate may lay off 1500

Employee Engagement

iGate may lay off 1500

iGate, the technology company, may lay off 5%-10% of its workforce over the next three months. The layoffs are a consequence of the company’s inability to utilise a huge bench pool it created in anticipation of projects. The company was unable to meet its growth numbers and will be laying off employees as a direct consequence.

iGate, the technology company, may lay off 5%-10% of its workforce over the next three months. The layoffs are a consequence of the company’s inability to utilise a huge bench pool it created in anticipation of projects. The company was unable to meet its growth numbers and will be laying off employees as a direct consequence.

Read the Economic Times news report here.

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Topics: Employee Engagement, #Current, #Corporate

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