Tag: Hiring Slowdown
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...
IT firms saw such a significant Dip in Headcounts in decades
India's IT industry is facing challenges due to macroeconomic challenges like high inflation, interest rates, and banking crisis in the US and European regions. IT giants...
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,...
New graduates to face difficulties as IT hiring to hit 3-yr...
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...
Airtel onboarded over 7000 hires in FY23
India's leading telecom provider company, Airtel has onboarded 7,248 new employees in FY23. However, the company had onboarded 4,862 new employees inducted in FY22.
Additionally,...
Like Infosys and Wipro, Cognizant headcount also dipped by 5900
Cognizant, one of the world's leading professional services companies, announced its June quarter financial results for 2023.
Ravi Kumar S, CEO said, "We made continued progress during the quarter amid an uncertain economic backdrop."
"We...
Hiring falls 19% for white collar jobs in India in July...
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...
IT hiring to hit 3-yr low in FY24, new graduates may...
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...
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...
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...