BookingsTotal bookings for TTM ended June 30 was $1.2Bn, stable q/q but down from $1.5Bn last year, reflecting pressured demand.
MarginsThe company faces margin challenges, which could stem from company specific headwinds.
RestructuringThoughtworks is increasing its restructuring program for additional savings of $85 million to $95 million, impacting 6-7% of their headcount globally.