Updated Jan 15, 2021 | 13:55 IST
In an exclusive interview with ET NOW after the earnings, HCL Tech CEO C Vijayakumar said double-digit growth in services business was likely next fiscal. HCL Tech crossed the $10 BN mark for the calendar year 2020.
Bengaluru: Software major HCL Tech joined peers TCS, Infosys and Wipro in posting strong results for the third quarter, with revenue growth and margins beating street estimates, even as it raised its revenue growth guidance and margin guidance upwards for the rest of the year.
In an exclusive interview with ET NOW after the earnings, HCL Tech CEO C Vijayakumar said double-digit growth in services business was likely next fiscal but the products business is more seasonal so it is hard to call out at this point, The company also plans to hire thousands of freshers as it sees more demand for its software services.
HCL Tech to hire 20,000 people in next 4-6 months: CEO Vijayakumar
HCL Tech saw a gross addition of 12,422 employee, while net addition stood at 6,597 people during December quarter
BusinessToday.In | January 15, 2021 | Updated 18:54 IST
HCL Technologies to hire 20,000 people
Noida-based IT company HCL Technologies, which saw its revenue cross the $10 billion milestone in 2020, plans to hire about 20,000 people, both freshers and laterals, over the next 4-6 months.
At the end of the December quarter, the company had a total employee strength of 1,59,682 as compared to 153,085 and 149,173 in Q2FY21 and Q1 FY21, respectively.
During the October-December period, HCL Tech saw a gross addition of 12,422 employees, while net addition stood at 6,597 people. Attrition for IT services declined to 10.2 per cent, from 16.8 per cent in the year-ago period and 12.2 per cent in the previous quarter.