In Q2 FY 24, Tata Consultancy Services (TCS), Infosys, HCLTech and Wipro, reported a decline in workforce by 21, 213. This was mainly driven by a slowdown in hiring, focus on better utilisation, and use of the existing pool of trained freshers on projects, amid rising uncertainty on the demand front.
India Business News: The IT sector was a major laggard as new jobs created in the IT industry were 33% lower compared to the high base value in August last year. Sectors s
Infosys posts bumper quarter, to recruit 50,000 freshers this year - Infosys expanded its fresher recruitment program from 50,000 to 85,000 hirings in the bygone fiscal year.