Tech Mahindra drives utilisation through lower headcount in FY18

Software headcount reduces by close to 10,000, overall headcount drops 4886

Tech Mahindra, India's fifth-largest IT services company, which witnessed a reduction in its overall headcount in FY18, pushed for higher utilisation which reached its maximum level during the fiscal.

In FY18, the Pune-headquartered company saw its overall headcount (software plus BPO business) declining by 4886 over the previous fiscal. The most noticeable difference in headcount is in the software arm which shed the size by 9966 employees. In FY17, the Mahindra Group company had added 10,278 software professionals to its workforce while the overall workforce had increased by 12,261.

These changes came in a year when the organization was riddled with allegations