The hiring frenzy is over at India's services giants

Headcounts are down for the first time in ages, margins are up, and CEOs are happy
When India's top four outsourcers – Wipro, HCL Tech, Infosys and Tata Consultancy Services (TCS) – announce their results, they often mention plans to hire thousands of new workers to both grow headcount and replace departed workers. But across 2023 and into 2024, that changed.…