Bengaluru: Top Three IT companies India added 40,887 to its workforce in the first quarter of this fiscal, compared to a net decline of 9,088 people in the same period last year, a dramatic U-turn in hiring sentiment that is expected to continue over the next few quarters. Chances are.
TCS joined the board of over 20,000 people, while Infosys and Wipro More than 8,000 and 12,000 people, respectively, were added as projects grew in demand and customers spend on technology to upgrade their systems to the cloud, an important part of their digital transformation journey.
In FY21, all companies had put hiring on hold as demand was uncertain and companies did not have much visibility on how the pandemic would shape up.
Infosys COO Pravin Rao “With the return of Vikas, the demand for top talent has also increased. Voluntary migration (last 12 months) increased to 13.9 per cent from 10.9 per cent in the previous quarter. However, we not only backfilled the attrition completely, but also added it, which is a testament to the strength of the recruitment engine at Infosys.
Companies are signing record deals worth billions of dollars, which means they need more employees to get projects started.
TCS said it will hire 40,000 freshers this year. Infosys 35,000 and Wipro 12,000. Demand has also sparked a war for talent, with growth in all three companies expected to remain at higher levels this year.
TCS joined the board of over 20,000 people, while Infosys and Wipro More than 8,000 and 12,000 people, respectively, were added as projects grew in demand and customers spend on technology to upgrade their systems to the cloud, an important part of their digital transformation journey.
In FY21, all companies had put hiring on hold as demand was uncertain and companies did not have much visibility on how the pandemic would shape up.
Infosys COO Pravin Rao “With the return of Vikas, the demand for top talent has also increased. Voluntary migration (last 12 months) increased to 13.9 per cent from 10.9 per cent in the previous quarter. However, we not only backfilled the attrition completely, but also added it, which is a testament to the strength of the recruitment engine at Infosys.
Companies are signing record deals worth billions of dollars, which means they need more employees to get projects started.
TCS said it will hire 40,000 freshers this year. Infosys 35,000 and Wipro 12,000. Demand has also sparked a war for talent, with growth in all three companies expected to remain at higher levels this year.
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