Wipro plans to bulk up sales team to end years-long under-performance and to strengthen verticals.
Some Indian IT firms had begun saying that lack of visas was making it harder for them to retain talent.
Cognizant said its headcount growth had outstripped revenue growth in the past two quarters.
The Teaneck, New Jersey-headquartered firm has been cutting jobs for the last two years.
2019 dollar revenue growth seen at 3.9-4.9% vs 7-9% forecast in Feb
TCS’ latest move comes after CSC accused India’s largest IT services company of using the source code of its software to build an insurance platform for Transamerica.
TCS lost a similar case to Epic Systems, setting it back by $420 million in penalties, which it's appealing in court.
The Bengaluru-headquartered IT services firm crossed $1 billion in revenue in the just concluded fiscal year.
The suit, filed last month, claims that Cognizant executives had misled shareholders about audits conducted into its anti-corruption practices.
Old economy Inc is trying to capture a share of the digital pie and the timing seems just right.
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