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: Jan 2024

Industry

Wipro, TCS, Infosys headcount decreased by over in Q

Jan 15, 2024

HCLTech added employees in Q, Attrition drops to .

HCLTech, a leading global technology company, has announced its QFY results for the quarter ended...

Industry

Jan 13, 2024

HCLTech added employees in Q, Attrition drops to .

Wipro headcount drops by employees in QFY

Wipro, a leading technology services and consulting company, announced Q financial results under In...

Industry

Jan 12, 2024

Wipro headcount drops by employees in QFY

Infosys headcount crashed by , the firm may skip hiring

Yesterday, January , IT giant Infosys announced its Third Quarter results for the financial year ...

Industry

Jan 12, 2024

Infosys headcount crashed by , the firm may skip hiring

Industry

IT Sector Sees Further 21% Decline In Hiring In India

According to the Naukri JobSpeak Index Report, There has been a decline of 21 percent during the hiring in the IT sector during December 2023 against the same month last year and a fall of 4 percent compared to the preceding month of November 2023 while hiring in AI jobs is growing. Generative AI has revolutionized industries, […]

Jan 11, 2024

Industry

IT hiring to remain impacted few quarters only, V-shaped recovery soon

It is expected that the IT hiring slowdown is likely to continue for 2-3 quarters. Companies including Wipro, TCS, Infosys, and many more may remain impacted due to the macro environment. The recent technological advances have also led to a slowdown in demand for certain jobs. There are certain roles that IT companies now don’t […]

Dec 2, 2023

Industry

Is this for publicity; as Zomato offered 1.6 cr salary, got the hype, and left?

The online food delivery platform, Zomato offered 1.6 crore salary package to IIT Delhi student and then withdrew it. Hrithik Talwar shared a post on social media platform X (formally Twitter). He has shared a screenshot of the withdrawal letter in his post. The post has gone Viral. The post read, “Zomato came to the […]

Nov 29, 2023

Industry

Cognizant added headcount in Q3 amid dip trends in IT Industry

Cognizant, one of the world’s leading professional services companies, announced its Q3FY23 financial results. Cognizant total headcount at the end of the third quarter was 346,600, an increase of 1,000 from Q2 2023. However, it is 2,800 less than from Q3 2022 which was 346,800. The voluntary attrition – Tech Services on a trailing-twelve-month basis, […]

Nov 4, 2023

Industry

TCS, Infosys, Wipro, HCLTech headcount crashed by over 20,000

The hiring slowdown was always predicted TCS, Infosys, Wipro, and HCLTech announced their Q2FY24 results showing headcount reduction of 21177. An IT services, consulting, and business solutions organization, Tata Consultancy Services (TCS) workforce stood at 608,985 as of September 30, reported a dip of 6333 employees. TCS’s employee base continues to be very diverse, with 35.8% women and 152 nationalities. […]

Oct 19, 2023

Industry

New graduates to face difficulties as IT hiring to hit 3-yr low in FY24

It is expected that there will be trouble for new graduate engineers as IT hiring hits a 3-year low in FY24. According to various media, it is expected that the Indian IT industry will be recruiting 1.55 lakh new graduates this year versus 3 lakhs in a good year. The figures in the reports suggest that:- The […]

Aug 31, 2023

Survey & Report

Hiring falls 19% for white collar jobs in India in July 2023

According to the Naukri JobSpeak Index report released on Tuesday, the hiring for white-collar jobs in India falls by 19% compared to July 2022. Naukri JobSpeak Index also revealed that the job postings for white-collar hiring in July stood at 2,573, down 8 percent compared to the previous month. “Positive hiring trends witnessed across domestic […]

Aug 2, 2023

Industry

IT hiring to hit 3-yr low in FY24, new graduates may face difficulties

There will be trouble for new graduate engineers as IT hiring hit a 3-yr low in FY24. According to the Hindu Business Line, it is expected that the Indian IT industry will be recruiting 1.55 lakh new graduates this year versus 3 lakhs in a good year. The figures in the reports suggest that:- The fear of […]

Jul 25, 2023

Industry

Infosys, TCS, and Wipro net employee addition crashes across IT major

Indian IT services companies, Tata Consultancy Services (TCS), Infosys, Wipro, and HCLTech, reported their Q1 FY 2023-24. In total Tata Consultancy Services (TCS), Infosys, Wipro, and HCLTech have reduced the net employee addition by nearly 18000. HCL HCLTech attrition rate for the quarter remained at 16.3% from 19.5 % in the preceding March quarter of fiscal 2022-23. The company has 223,438 […]

Jul 21, 2023

Industry

Hiring slow down, TCS adds only 22,600 employees in FY23

The year 2023 started with the layoff note. The major IT companies have laid off employees, slowing the hiring process, and companies are cutting down the benefits of employees. Infosys has recently announced the results for the fourth quarter the company witnessed a 40% plus fall in net hiring during the fiscal year 2023 vs […]

Apr 14, 2023

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