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Onboarding delays at Tech Mahindra; over 1,000 freshers await offer letters
"Across the industry, anticipated demand for fresh graduates has been lower than projected, resulting in a slower pace of onboarding...We remain committed to honoring our campus hiring commitments," a Tech Mahindra spokesperson said.
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India’s top IT firms face muted hiring in 9MFY26; net headcount down about 613
When compared to 9MFY25, the top five IT services majors’ hiring plunged more than 105 per cent in 9MFY26.
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IT hiring flat but 17-18% surge recorded for GCCs, says Info Edge
Global Capability Centres (GCCs) and premium tech roles offset muted IT hiring as Info Edge posts steady Q2FY26 earnings.
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India's IT hiring stabilises in H1 FY26, campus intake improves: Adecco India
The demand for engineering, technical and AI profiles has risen by 27 per cent, with compensation levels improving by 5 per cent compared to H1 FY25, according to Adecco India.
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We haven’t decided on wage hikes yet, says Wipro CHRO
Wipro gave wage hikes ahead of time in September last year. And that was done within a year of rolling out wage hikes in December 2023, Govil had said in April.
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Tech Mahindra loses 622 employees in Q1, third consecutive quarter of decline
On a year-on-year basis, the company added 897 employees. Total headcount for Q1FY26 stood at 1,48,517.
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HCLTech says specialisation to drive fresher hiring, 'elite' cadres to get 4X higher pay
The company is expecting to have about 15-20 percent of the freshers hired this fiscal year to be 'elite cadre', while it is open to hire more but the focus will be on quality over quantity
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TCS, Infosys, Wipro add over 13,500 employees in FY25, reversing last fiscal’s decline
All three IT companies have indicated they will hire roughly the same number of freshers in FY25 as they did in the previous fiscal despite the uncertain demand environment, driven by US President Donald Trump’s tariff war.
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Infosys to hire over 20,000 freshers in FY26, says CFO
Infosys CFO Jayesh Sanghrajka added that the company is on track to reach its FY25 target of hiring around 15,000 freshers.
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Saw good growth in IT business in July-September, hopeful trend will continue: Info Edge CEO
Oberoi highlighted that IT companies have built up a substantial bench and that utilisation rates have gradually returned to pre-COVID levels.
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Genpact opens new office in Jodhpur, plans to create 5,000 jobs in 5 years
The new Jodhpur hub will be used for delivering advanced technologies, AI solutions, and digital transformation services globally
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Wipro’s headcount increases by 978 in Q2FY25
This comes at a time when Wipro is reassessing its lateral and campus hiring models to focus on improving utilisation rate of existing employees amidst lowering attrition, to grow margins.
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Infosys adds 2,456 employees in Q2, reverses trend of past six quarters
The total headcount for Q2 stood at 317,788, down from 328,764 in in the year-ago period
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HCLTech sees headcount decline by 780 in Q2FY25
In Q2, HCLTech added around 2,932 freshers and plans to onboard 10,000 freshers in FY25.
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Tech firms, startups back on talent hunt after mass layoffs, hiring freeze for months
After more than a year of muted job market, IT companies and startups in India have started hiring again especially for tech jobs, driving up salary expectations
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IT union NITES locks horn with Karnataka govt over Infosys onboarding delays
On August 20, Pune-based IT union Nascent Information Technology Employees Senate (NITES) submitted a complaint against Infosys for the “ongoing exploitation and unprofessional treatment” of over 2,000 young engineering graduates.
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Accenture’s headcount grows by over 24,000 in Q4FY24
For the full year of FY24, Accenture's headcount grew by around 41,484 employees.
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Around 700 freshers await joining dates from Infosys, after 2,000 receive confirmations
The 2.5-year-wait is on for about 500 System Engineer candidates from the 2022 batch and around 200 Digital Specialist Engineer candidates from the 2023 batch.
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AI will improve productivity, jobs in IT industry won't be significantly hit: Kris Gopalakrishnan
Infosys co-founder and Chairman of Axilor Ventures says every wave of technology has grown the IT industry. AI is one such wave. The IT industry, he says, is mature, and depending on the global economy. it will continue to grow by 5-15%.
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Hyderabad dislodges Chennai to become Cognizant’s largest centre globally
Sources say Cognizant’s Chennai headcount is in the 55,000-56,000 range. At the same time, Hyderabad has grown to over 57,000 employees and is growing at a faster clip.
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Employers cautious in hiring intent in Q3: ManpowerGroup report
Overall, the strongest hiring intentions continue in north of India (36 percent) followed by west (31 percent), south (30 percent) and east (21 percent)
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Tech hubs see rise in IT jobs despite a drop in overall hiring: Indeed data
Overall, there has been a 3.6 percent decline in IT job postings in April from the year-ago period
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Top 5 Indian IT services companies saw a decline of 69,167 employees in FY24
Four out of the five top IT companies including TCS, Infosys, Wipro and Tech Mahindra lost employees both sequentially in Q4 and full year FY24. HCLTech bucked the trend.
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IT service companies to see another year of muted revenue growth in FY25: CRISIL
The companies are likely to have a cautious approach to hiring and give modest annual increments, according to the analysts.
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Infosys’ full-year headcount declines for the first time in 23 years, net addition drops by 25,994
As of fourth quarter ended March 31, 2024, Infosys quarterly net addition decreased by 5,423 employees. This is the fifth consecutive quarter of headcount drop for the company.
