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100,000 IT workforce on bench

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Bangalore: Roughly 100,000 revenue-earning employees are estimated to have turned into unbilled “benched” talent in the past year alone, according to sources from the IT industry and placement firms. “Utilization rates’ in some leading IT firms have dipped below 70 percent and an estimated 3.25 lakh of  the 1.3-million strong IT workforce are now idle.