AI Won’t Replace Campus Hiring, Say LTM, TCS, HCLTech and Tech Mahindra Chiefs

In a reassuring message for students and job seekers, LTM CEO and Managing Director Venu Lambu has said that artificial intelligence (AI) will not significantly reduce campus hiring, despite the rapid adoption of AI across industries.

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Lambu emphasized that fresh graduates remain at the core of the company’s long-term talent strategy, with LTM continuing to recruit thousands of campus hires every year.

Last year, LTM hired nearly 6,000 fresh graduates, while the company onboarded 1,100 freshers during the June 2026 quarter alone. He said recruitment will continue at similar levels, although joining dates may be staggered to align with business demand and AI training schedules.

Campus hiring is not going away. Freshers are critical to our long-term growth,” Lambu said.

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AI Growth Will Create New Opportunities

AI-native services are already making a meaningful contribution to LTM’s business, generating nearly $150 million in revenue per quarter. However, Lambu stressed that this growth is not coming at the cost of jobs.

Instead, the company is investing heavily in one of its largest talent transformation initiatives to prepare employees for AI-driven roles. The focus areas include data modernization, AI-led software engineering, and business process transformation, ensuring employees are equipped for the next phase of technology-led growth.

TCS Shifts Focus to AI-Ready Fresh Talent

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Tata Consultancy Services (TCS) has reaffirmed its commitment to hiring fresh graduates at scale, even as the profile of new recruits evolves with the rise of AI.

During the Q1 FY27 earnings call, CEO and MD K. Krithivasan said the company onboarded around 14,000 campus graduates during the April-June quarter. He added that TCS has already begun campus recruitment at leading universities, with a stronger emphasis on hiring AI-native talent possessing skills relevant to the changing technology landscape.

Krithivasan has also stated that AI is unlikely to reduce overall headcount. Instead, it is expected to create new roles in areas such as prompt engineering, AI model lifecycle management, and AI-enabled software development.

AWS: AI Will Transform Jobs, Not Eliminate Them

A similar message came from Amazon Web Services (AWS) CEO Matt Garman, who recently said that AI will change jobs rather than eliminate them.

As evidence of continued investment in early-career talent, AWS hired 11,000 interns in 2026, signalling that opportunities for students and graduates remain strong even as AI adoption accelerates.

HCLTech Continues Freshers Hiring

HCLTech maintained a measured hiring approach during the April-June quarter, onboarding 1,056 freshers, even as its overall headcount declined sequentially.

The company said it remains focused on strengthening AI capabilities while aligning recruitment with business demand. HCLTech continues to invest in AI-led growth and digital transformation, indicating that campus hiring remains an important part of its workforce strategy.

Tech Mahindra Resumes Campus Recruitment

Tech Mahindra has also signalled a return to campus hiring as business visibility improves, while continuing to focus on AI-driven productivity.

During its Q1 FY27 earnings call, CEO Mohit Joshi said the company is resuming fresher recruitment to support future demand, while maintaining a disciplined approach to workforce expansion and operational efficiency.

What This Means for Students

The message from leading technology companies is consistent: AI is reshaping the nature of entry-level jobs, not eliminating them.

Demand is increasingly shifting towards graduates with AI, cloud, data, automation, cybersecurity, and digital engineering skills. As companies expand AI adoption, they are also investing in large-scale reskilling and creating new career paths for young professionals.

For students entering the workforce, the key challenge is skill readiness rather than job availability. Those who build AI-related capabilities alongside strong technical fundamentals are likely to be well-positioned for emerging opportunities in the evolving technology industry.

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