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IT majors Cognizant, Capgemini hired 1 5 lakh less employees in 2023; here s why

India Business News: The total number of employees hired by major IT companies Cognizant and Capgemini decreased globally by 151,607 in 2023 compared to 2022, according to

Good signal for Indian IT sector job seekers: Contractual hiring shows demand uptick

India Business News: India's information technology companies are seeing a surge in contractual hiring, indicating improvements in the demand environment for IT services p

IT sector hiring alert! Headhunters see rising number of search mandates for senior IT talent

India Business News: Leadership hiring in the IT sector is surging, driven by optimism for a stable business environment. Companies are actively recruiting senior IT talen

IT sector hiring outlook: What analysis of data on Infosys, TCS, Wipro, HCL suggests

India Business News: Top IT services companies are seeing a positive trend with a surge in active hiring after 20 months. Despite this, there is a quarter-on-quarter decli

India IT services companies heighten candidate scrutiny, take longer to close mandates

The mandate fulfilment or conversion rate in India s IT services sector has dropped to an all-time rate, marking a significant decline from pre-pandemic levels in FY20. While demand is rebounding, particularly for specialized fields like Artificial Intelligence and cybersecurity, the hiring process has become more rigorous, leading to prolonged recruitment timelines. IT services hiring likely to stay muted till September.

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