 "IT firms, IT sector, firms, companies, workers, jobs, employment")
Top Indian IT services companies need to rightsize their bench strength or utilisation rates to increase efficiencies and prevent layoffs, according to experts. Bench typically refers to those employees who are on the company's payroll but are not involved in any active projects.
In general, there has been an increase in bench size and decline in the utilisation rates at the top IT firms. A bench size of 15-20 per cent is considered normal in technology companies across the world. While other industries have reported single-digit bench sizes, technology companies typically have a larger bench size that could go up to 30 per cent at a given point in time, experts said.
“The next couple of quarters might have a
