Happiest Minds rules out job cuts after merger with ITC Infotech
Addressing a press conference after the merger announcement, top executives of the Bengaluru-based firm said that the ITC leadership has specifically stipulated the continuity of the entire workforce and leadership team.
The management highlighted that both companies are currently operating at high utilisation levels - ITC Infotech at 83-84% and Happiest Minds at 80% - leaving little room for headcount reduction.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to Economic Times - Tech.
