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If payroll additions are considered the ideal barometer of health for the $283-billion Indian outsourcing industry, the June quarter has been far from ideal.
Job additions at the top six IT majors stood at just 3,847 in April-June, a drop of almost 72% from 13,935 people who were hired by the six firms in the March quarter, the latest earnings statements showed.
Among the largest software service providers, only two including the top two leaders Tata Consultancy Services (TCS) and Infosys reported an increase in workforce by 5060 and 210 people between…
