Synopsis
Specialist staffing firm Xpheno data shows the IT sector collectively had a sub-70,000 intake of entry level talent over the last fiscal ending March 2024, its lowest fresher intake year over two decades. TCS reiterated its ambitious target of hiring 40,000 freshers this year. While Infosys did not share fresher additions, its net headcount declined by 1,908 employees.
After a lull of more than a year, fresher hiring by Indian software exporters is likely to pick up. Leaders in the $250-billion industry expect jobs to be added toward the latter half of the year, with the top four on the leaderboard – including Tata Consultancy Services (TCS) and Infosys – indicating adding 82,000 freshers in FY25.“Fresher hiring trends in FY25 show GCCs (global capability centres) maintaining robust recruitment efforts, driven
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wipro: Behind the revival of fresher hiring at India’s top IT firms
Synopsis
Specialist staffing firm Xpheno data shows the IT sector collectively had a sub-70,000 intake of entry level talent over the last fiscal ending March 2024, its lowest fresher intake year over two decades. TCS reiterated its ambitious target of hiring 40,000 freshers this year. While Infosys did not share fresher additions, its net headcount declined by 1,908 employees.
After a lull of more than a year, fresher hiring by Indian software exporters is likely to pick up. Leaders in the $250-billion industry expect jobs to be added toward the latter half of the year, with the top four on the leaderboard – including Tata Consultancy Services (TCS) and Infosys – indicating adding 82,000 freshers in FY25.“Fresher hiring trends in FY25 show GCCs (global capability centres) maintaining robust recruitment efforts, driven
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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