Already 35 senior positions has been axed last month (Feb). This includes VP, Sr. Director and Director positions.
Around 200 resources, particularly working for US projects at Airoli office have been axed from all levels. IGate integration was a failure. CG had thought that IGATE will help for setting footprints in US and bag more US projects but it did not happen. So, now, IGate is not an asset but a liability. To coverup IGate integration loss, CG will for the first time give around 80% - 90% variable as variable payout expected to happen by 31st March 2017.