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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 ....

Peter Bendor Samuel , Pareekh Jain , Everest Group , Capgemini Group , Tata Consultancy Services , Chief Executive Officer , Business News , It Sector Jobs , It Sector Hiring , It Majors , Indian It Service Providers ,

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. ....

Sundar Eshwar , Aditya Narayan Mishra , Vamsi Karavadi , Ciel Hr Services , It Staffing Services , Artificial Intelligence , Teamlease Digital , Business Head , It Services Hiring , It Sector Jobs , It Sector Hiring , It Sector Jobs India ,