EPAM sacks 100 in India, revokes offers

NYSE-listed IT services provider EPAM Systems has asked around 100 Indian employees to resign, mostly benched employees not tagged to any specific project, and revoked offer letters of others who were about to join the firm
over the course of next few months, according to sources.

Sources said the number of people forced to resign across both companies — EPAM Systems and EPAM Anywhere —could be at least 100 employees. ET couldn’t independently verify the number.