EPAM Systems asks 100 Indian employees to resign, revokes offer letters: Report

NYSE-listed IT services provider EPAM Systems reportedly asked around 100 Indian employees to resign and has also revoked offer letters of others who were about to join the firm in the next few months. As per a report, HR managers told the affected staff that the company over-hired, misjudged demand forecasts, and couldn't fund onboarding projects in the near future.