Infosys to skip campus hiring again, TCS to resume from FY25

Infosys to skip campus hiring again, TCS to resume from next year

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26 Aug, 2025 12:21

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India’s second largest IT services company Infosys said it sees no immediate campus requirement as of now. On the other hand, rival Tata Consultancy Services (TCS) said it has commenced its campus hiring process for FY2024-25.

Addressing a press conference after declaring the December quarter results, Infosys' outgoing Chief Financial Officer Nilanjan Roy said, “We continue to monitor the utilization and our flexi hiring model… and at this stage of course we're not seeing any immediate campus requirement.” However, he said the company has a very strong off campus program in case it sees any uptick in volumes.

This is the second quarter in a row when the company would skip campus hiring. In October, Roy had said Infosys will evaluate hiring plans each quarter on the basis of demand.

The Bengaluru-based company saw its headcount shrink by 6,101 for the quarter ending December 31, ending the December quarter with 322,663 employees. The fall made it the fourth consecutive quarter in which the company ended with fewer employees.

Infosys’ headcount had shrunk by 7,530 to 3,28,764 employees for the quarter ended September 30, which was the steepest-ever fall in headcount of the company.

Nonetheless, attrition continued its declining trend, settling at 12.9 percent, down from the previous quarter's 14.6 percent on a last-twelve-month basis.

While TCS also trailed Infosys on the employee headcount, declining by 5,680 in the quarter, the Mumbai-headquartered firm said it is committed to hiring from college campuses and grow its talent organically.

“We have commenced our campus hiring process for the next year and see tremendous excitement among freshers to join TCS,” Milind Lakkad, Chief HR Officer, TCS, was quoted as saying in a press release.

Lakkad further said that it would be difficult to specify the number of hires but it would be "a big number." For FY2023-24, TCS has a target of hiring 40,000 freshers.

When asked whether onboarding of campus hires have been delayed, Lakkad said, "Every quarter we are getting a sizable number and it is going as per schedule like the way it happens every year."

TCS’ attrition rate has further dropped to 13.3 percent in the December quarter, down from 14.9 percent in the previous quarter.