Dear Reader,

The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep track of.

Even as the latest H1B visa restrictions threaten to stall future employment migration to the US, workers in the IT services industry are already facing a heightened risk of unemployment. Accenture, a global IT services company with a large workforce in India, relieved 11,419 workers in the quarter ending August 2025. This is the second consecutive quarter that Accenture has reduced its workforce by more than 10,000.

Cumulatively, Accenture reduced its workforce by 2.7 percent or 21,826 employees from February 2025. This

See Full Page