The Indian IT industry is expected to reduce campus intake this year due to weak global cues and a cut in discretionary spending by clients. Infosys and HCL Tech s subdued hiring signals a tough road ahead for freshers. IT giants like TCS, Infosys, and HCL Technologies reported a decline in employee tally in Q2. Global growth concerns, inflation, interest rates, reduced investment, and geopolitical shocks have exacerbated worries.
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