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VERIFIEDMint Companies·neutral

Happiest Minds' CEO, MD rule out layoffs after merger announcement with ITC Infotech; says deal to boost talent pool

AI Summary
  • ·Happiest Minds Technologies has ruled out layoffs following its merger with ITC Infotech.
  • ·The merger aims to expand talent and capabilities, creating a combined entity with over 19,000 employees.
  • ·Happiest Minds shares experienced a decline of nearly 11% subsequent to the merger announcement.
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