TCS, Wipro hiring stalls; only 17 net additions in 9M

Major IT firms TCS and Wipro saw hiring stall with only 17 net employee additions across both companies in a 9-month period, signaling weakness in sector demand and future revenue growth potential. This slowdown reflects cautious business outlook amid macro headwinds. The minimal headcount expansion suggests reduced client spending and project velocity in the sector.

📊 STOCKS: $TCS | $WIPRO | 🏢 SECTOR: IT | #MEDIUMIMPACT #hiring