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IT Companies: HR News, Trends & Workplace Insights

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

Updated on: Sep 2024
,, open positions across IT giants due to skills gap in India
Survey & Report

,, open positions across IT giants due to skills gap in India

Sep 20, 2024

Skills Vs Job Market Indias Demand for High-Tech Engineers

Indias technology sector is projected to require over million high-tech engineers proficient in a...

Employment
Jul 12, 2024
Skills Vs Job Market Indias Demand for High-Tech Engineers

Bengaluru Netizens Urge IT companies to declare permanent WFH

During COVID-, most companies started working from Home WFH, since the cases declined companies ...

Work Model
Sep 30, 2023
Bengaluru Netizens Urge IT companies to declare permanent WFH

Tech workers love their jobs however theyre also leaving PwC

In PwCs Global Workforce Hopes and Fears Survey, of respondents in the tech sector said th...

Industry
Aug 11, 2023
Tech workers love their jobs however theyre also leaving PwC
Pune-based company lost Rs 22 lakh in an email scam
Industry

Pune-based company lost Rs 22 lakh in an email scam

According to the reports of India Today, a Pune-based engineering company has lost 24,000 EUROS approximately more than Rs 22 lakh in an email scam. An FIR in the case was registered at Wanawadi police station last week by the founder and CEO of the Pune-based firm. Pune Police is investigating the case. The cybercriminals used a method known […]

Jul 18, 2023
PwC to TCS top scams that hit the companies in 2023; Check here
Industry

PwC to TCS top scams that hit the companies in 2023; Check here

According to reports, Around 66% of Indian companies have experienced at least one instance of economic crime and scams in the past two years, with the covid-19 pandemic prompting a significant increase in platform fraud. In 2023 companies have been layoffs, Hiring freezes, and apparently, scams also hit the companies. Here is the list of […]

Jul 17, 2023
Wipro Q1FY24: headcount down by 8,812 employees, attrition 17.3
Industry

Wipro Q1FY24: headcount down by 8,812 employees, attrition 17.3

Wipro Limited a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter that ended June 30, 2023. “Wipro’s first-quarter results come with a strong backbone of large deal bookings, robust client additions, and resilient margins,” said Thierry Delaporte, CEO and Managing Director. “Despite a gradual reduction in […]

Jul 14, 2023
Income tax refund scam, notices slapped on 100 staff of tech firms
Industry

Income tax refund scam, notices slapped on 100 staff of tech firms

The Income tax department has recently issued notices that have slapped nearly 100 staff. These employees are from various tech companies, police, and South Central Railways. Income Tax Department stated, “Many of them work in government departments, PSUs, and prestigious companies. It is also noticed that a large number of them work with companies outside […]

Jul 10, 2023
Karnataka IT Minister: Attrition among women in Tech Sector 40%
Industry

Karnataka IT Minister: Attrition among women in Tech Sector 40%

Karnataka IT- minister Priyank Kharge has expressed concern over the rising attrition rate among women in the Tech industry. The Karnataka IT Minister Priyank Kharge’s recent Tweet said, “Some estimates put women employee attrition in IT companies at 30-40% since Dec 2022, while the industry average is currently 15%.” “There is a 1-1.5 percentage point […]

Jun 29, 2023
HCL Tech attrition rate drops; hiring slows down by nearly 60%
Industry

HCL Tech attrition rate drops; hiring slows down by nearly 60%

A multinational information technology services and consulting company, HCL Tech announced the results for the quarter that ended March 2023 (Q4FY23) period. The company reported a net addition of 17,067 employees for the fiscal year 2023, there is a significant drop of around 57.3 percent from the 39,900 employees added in FY22. C Vijay Kumar, CEO […]

Apr 20, 2023
Indian IT firms to reduce Tech hiring by 40% in FY24
Industry

Indian IT firms to reduce Tech hiring by 40% in FY24

Due to Inflationary pressures, the Russia-Ukraine crisis, and the US and European banking spiral it is expected that Indian IT companies may cut down the hiring of engineers by around 40 percent year-on-year (YoY) in FY24. Due to the economic uncertainty, layoff wave, and current conditions, there are major possibilities that there is less risk of […]

Mar 29, 2023
Campus hiring for IT and Tech slows down 25% amid layoffs
Industry

Campus hiring for IT and Tech slows down 25% amid layoffs

Many companies earlier delayed the onboarding of employees now the reports show that campus hiring for IT and tech slows down by 25% amid layoffs. The impact of layoffs is huge on campus hiring as the number of companies hiring for core tech roles has come down by almost 20-25 percent as the companies have reduced […]

Mar 27, 2023
Engineering Colleges face tough placement season amid hiring slowdown
Industry

Engineering Colleges face tough placement season amid hiring slowdown

By the reports of the Economic Times, engineering colleges have witnessed a tough placement season due to the hiring slowdown. Harpreet Singh Saluja, Founder-President of Nascent Information Technology Employees Senate said, “This situation will remain till the U.S. economy recovers” The companies have initially delayed the onboarding of the employees and also reduced the salary […]

Feb 28, 2023