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Tech Hiring Slowdown: HR News, Trends & Workplace Insights

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

Updated on: Jun 2024
Infosys college graduates hiring reduced to , in FY
Industry

Infosys college graduates hiring reduced to , in FY

Jun 3, 2024

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

HCLTech hired a total of , freshers during FY

HCLTech, a leading global technology company, has reported financial results for the fourth quarter ...

Industry
Apr 27, 2024
HCLTech hired a total of , freshers during FY
Q4Fy24 Tech Mahindra Highlights; Headcount dropped, to hire 6,000 freshers
Industry

Q4Fy24 Tech Mahindra Highlights; Headcount dropped, to hire 6,000 freshers

On April 25th, Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, announced the audited consolidated financial results for its quarter and year ended March 31st, 2024. Key Highlights Mohit Joshi, Chief Executive Officer and Managing Director, Tech Mahindra, said, “As we step into FY’25, we look forward […]

Apr 26, 2024
IT sector job growth may rebound by FY25’s 2nd half
Industry

IT sector job growth may rebound by FY25’s 2nd half

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. Wipro reported a net reduction of 6,180 employees, total headcount at the end of March 2024 stood at 234,054. The company’s headcount was […]

Apr 23, 2024
Wipro delays campus hiring; not starting anytime soon: Report
Industry

Wipro delays campus hiring; not starting anytime soon: Report

A leading global information technology, consulting, and business process services company, Wipro has delayed the campus hiring and it will not start anytime soon. Furthermore, the company successfully downsized its bench, reallocating unutilized employees to productive roles, demonstrating effective resource management, and optimizing workforce utilization to enhance overall operational efficiency and productivity. As reported by […]

Apr 23, 2024
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
Wipro reduces total headcount by 6,180 employees
Industry

Wipro reduces total headcount by 6,180 employees

Wipro, a prominent global IT company, reported its financial performance for the 4th quarter, January-March 2024 period on April 19. The company reported a net reduction of 6,180 employees the total headcount at the end of March 2024 was 234,054. The company’s headcount was reduced by 24,516 in FY24. The attrition rate at 14.2 percent […]

Apr 19, 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
Capgemini will hire hugely in FY25- Nisheeth Srivastava, CTIO
Hiring

Capgemini will hire hugely in FY25- Nisheeth Srivastava, CTIO

According to Mint report, Nisheeth Srivastava, Chief Technology & Innovation Officer, India at Capgemini, said that the increase in headcount aligns with industry competitors, marking a positive shift after a challenging FY24 across the IT sector. Capgemini is planning to hire “in big numbers” in India for FY25. However, Capgemini India’s employee count has decreased […]

Feb 26, 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