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Hiring Slowdown: HR News, Trends & Workplace Insights

Latest Hiring Slowdown HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Hiring Slowdown.

Updated on: Jul 2025
HDFC Bank, SBI, and Axis Bank Scale Back Hiring in FY
Hiring

HDFC Bank, SBI, and Axis Bank Scale Back Hiring in FY

Jul 28, 2025

Cognizant QFY highlights, headcount declines by , people

Cognizant, one of the worlds leading professional services companies, has announced its first...

Industry
May 3, 2024
Cognizant QFY highlights, headcount declines by , people

Capgemini headcount stood at , in Q FY, a drop of

Today, French IT major Capgemini reported a consolidated Q ending March financial results. The...

Industry
Apr 30, 2024
Capgemini headcount stood at , in Q FY, a drop of

Wipro delays campus hiring not starting anytime soon Report

A leading global information technology, consulting, and business process services company, Wipro ha...

Industry
Apr 23, 2024
Wipro delays campus hiring not starting anytime soon Report
TCS, Wipro, & Infosys headcount reduced by over 62,000 employees in FY24
Industry

TCS, Wipro, & Infosys headcount reduced by over 62,000 employees in FY24

In FY24, India’s top IT giants, TCS, Wipro, & Infosys collectively reported a drop in headcounts by 63,000 employees. This reflects the impact of a weak global demand environment and clients’ constrained tech spending. Despite the sequential drop in headcounts, Q4FY24 sounds encouraging and motivating in terms of revenue and order books. It gives a […]

Apr 20, 2024
TCS Q4FY24 highlights: Headcount down by 13,772 in FY23-24
Industry

TCS Q4FY24 highlights: Headcount down by 13,772 in FY23-24

Yesterday, Friday, April 12, Tata Consultancy Services (TCS), India’s leading IT services firm announced its fourth quarter, Q4FY24 March ending financial results. Highlights Commenting on Q4FY24, K Krithivasan, Chief Executive Officer and Managing Director said, “We are very pleased to close Q4 and FY24 on a strong note with the highest ever order book and a 26% […]

Apr 13, 2024
First IIM Lucknow, now BITS Pilani asks alumni help in placements
Industry

First IIM Lucknow, now BITS Pilani asks alumni help in placements

As per the recent reports on the Impact of the global economy on Jobs, the Market is such that there is a decrease in Campus Placements. The COVID-19 pandemic severely disrupted the job market. While the overall economic recovery appears to be on track, the job market hasn’t fully bounced back. Many sectors are still […]

Mar 5, 2024
Cognizant reports 7% rise in net profit, added 1100 people in Q4
Industry

Cognizant reports 7% rise in net profit, added 1100 people in Q4

One of the world’s leading IT giants, Cognizant has announced its fourth quarter and full-year 2023 financial results. Highlights Ravi Kumar S, Chief Executive Officer, said, “I’m grateful to our nearly 350,000 employees for their tremendous year-long work enhancing our strength as industry experts, collaborative partners, and passionate innovators for our clients.” “To keep advancing […]

Feb 7, 2024
Wipro to sack hundreds of mid-level employees to improve margins
Industry

Wipro to sack hundreds of mid-level employees to improve margins

As per the reports of the ET, India’s IT services provider company, Wipro to sack hundreds of mid-level employees to improve margins Wipro currently maintains the lowest profit margins among the top four IT services companies listed in India. Below is the comparative Net Profit in crore Company Q1FY24 Q2FY24 Q3FY24 TCS 11,074 11,342 11,058 […]

Jan 31, 2024
In January over 38000 people were laid off… Gen AI Impact starts
Layoffs

In January over 38000 people were laid off… Gen AI Impact starts

So far in 2024, there have been 176 layoffs at tech companies with 38,003 people being laid off (1,267 people per day). In 2023, there were 1,996 layoffs at tech companies with 428,384 people impacted (1,174 people per day). In 2023, most of the layoffs were because of overhiring in the Pandemic and tech companies were right-sizing the headcounts, and some microeconomic situations. And, in early […]

Jan 30, 2024
IT companies slow hiring: 3,000 engrs queue up outside company
Industry

IT companies slow hiring: 3,000 engrs queue up outside company

Amid the global uncertainties and layoffs, IT and tech companies are either skipping or rethinking college campus hiring. The bulk recruiters are facing a weak demand environment and an excess freshers’ bench. Recently, Infosys Chief Financial Officer Nilanjan Roy said, “We continue to monitor the utilization and our flexi hiring model and at this stage of […]

Jan 29, 2024
Hiring Trends in the IT Industry for 2024, HR Experts
Industry

Hiring Trends in the IT Industry for 2024, HR Experts

In the third quarter that ended on December 2023, IT majors including Wipro, TCS, and Infosys headcount decreased by over 16000 in Q3. The only IT company, HCLTech has seen a positive headcount addition. In this report, we are trying to explore Hiring Trends in the IT Industry for 2024, with HR Experts. In the […]

Jan 23, 2024
Wipro, TCS, Infosys headcount decreased by over 16000 in Q3
Industry

Wipro, TCS, Infosys headcount decreased by over 16000 in Q3

The IT major companies including Wipro, TCS, and Infosys headcount decreased by over 16000 in Q3. The only IT company, HCL Tech has seen a positive headcount addition. Earlier the IT major companies, TCS, Infosys, Wipro, and HCLTech announced their Q2FY24 results showing a headcount reduction of 21177. Wipro has announced Q3 financial results under International […]

Jan 15, 2024