Business is good at TCS, Wipro, Infosys and HCL – but margin pressure and staff attrition are big problems
India's big four outsourcers are worried about rising labor costs and their impact on profits, according to their most recent quarterly financial statements.
"While this will impact margins in the immediate term, it is expected to reduce attrition levels and position us well for future growth. We continue to optimize various cost levers to drive efficiency in operations."
Belgique Dernières Nouvelles, Belgique Actualités
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