MphasiS lays off 200 employees at its Bangalore office

MphasiS, the global IT and business process outsourcing company, has once again issued pink slips to nearly 200 employees at its Bangalore centre.

According to sources, the jobs cuts were announced two weeks ago and the layoff exercise cut across various levels including mid-level managers.

It may be noted that around nine months ago, the company had cut around 200 jobs at its Chennai development centre.