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IT industry: IT s bench strength halves as slump-hit companies eye efficiencies

The bench strength at top Indian outsourcers has nearly halved of late, with higher utilisation and generative artificial intelligence (GenAI) driving efficiency in the $254-billion IT industry. Bench strength in the IT industry means full-time employees who are not assigned any active project.

Higher utilization & GenAI at work? Why bench strength at top Indian IT outsourcers has nearly halved

India Business News: The reduction in bench strength at top Indian outsourcing firms, amidst the industry's toughest business cycle, is driving higher utilization rates an

Digital India sparks rush for new-age software engineers, Telecom News, ET Telecom

Digital India sparks rush for new-age software engineers, Telecom News, ET Telecom
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Wipro Promotes Key Executives Amidst Senior-Level Exodus

Wipro Promotes Key Executives Amidst Senior-Level Exodus
infotechlead.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotechlead.com Daily Mail and Mail on Sunday newspapers.

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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