Kalra shared that customers have continued to keep their technology budgets tight when it comes to discretionary spending. They are repurposing existing technology budgets to spend on AI, while the overall spends are only seeing incremental increase of 1-2 percent.
Persistent Systems to skip campus hiring in FY27; focus on lateral recruitment in line with demand: CEO Sandeep Kalra
Persistent Systems halts campus hiring for FY27.
Focus on lateral hires to improve margins.
Acquiring German firm Nagarro for expansion.
Debangana Ghosh
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