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Onboarding delays by IT cos put freshers in limbo

Onboarding delays by IT cos put freshers in limbo
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Global capability centres go big on hiring gig employees

India s multinational hubs are increasingly turning to hiring contingent workers to meet immediate talent needs while remaining cautious about permanent recruitment due to a bearish global outlook. There has been a significant rise in demand for gig employees in the last six months, with an expected increase of up to 70,000 gig workers in the next six months. This trend allows companies to create a balanced workforce that is agile and cost-effective, with access to specialized skills. ....

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IT firms trim bench strength; GCCs focus on compliance

Happy Thursday! The countrys top IT firms have seen a massive drop in their bench strength, i.e. employees not on active projects. Find out why and more in todays ETtech Morning Dispatch. ....

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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. ....

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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 ....

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