Indian IT companies including TCS, Infosys, and HCL Tech have reported a slowdown in hiring as well as a fall in attrition rates in the March 2023 quarter
HCL Tech to hire 20,000 people in next two quarters: CEO C Vijayakumar
About 15% of these would be for onshore locations or client geographies with the remaining will be offshore, said HCL chief executive C VijayakumarPTI | Jan 16, 2021, 02:52PM IST
IT services major HCL Technologies is looking at hiring about 20,000 people over the next two quarters to meet the demand coming in on the back of strong growth in deal signing and adoption of digital services. The Noida-based company, which crossed $10 billion milestone in the calendar year 2020, had 1,59,682 employees at the end of December 31, 2020. It saw a gross addition of 12,422 people, while net addition during the December 2020 quarter was of 6,597 people. Attrition for IT services (on last 12 month basis) was at 10.2%.
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.