IT firms delinking revenues from manpower - April 22, 2013

Many IT firms are re-using templates and codes instead of engaging a lot of people in projects.

Many IT firms are re-using templates and codes instead of engaging a lot of people in projects. For instance, while Infosys employed 19000 to grow sales by 23% in 20011-12, in 2012-13 it increased its employees by less than 700 for a revenue growth of 19%. TCS, Wipro and HCL Tech show similar trends.

Source: www.economictimes.com, April 22, 2013. “Tech firms' focus on increasing sales without adding manpower pays off”

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