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: Feb 2023
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Trouble for Indian IT Sector, Accenture’s below estimate guidance…
Industry

Trouble for Indian IT Sector, Accenture’s below estimate guidance…

IT services and consulting, Accenture reported financial results for the first quarter of fiscal 2023, which ended November 30, 2022, with revenues of $15.7 billion, an increase of 5% in U.S. dollars and 15% in local currency over the same period last year. Business Outlook Accenture expects revenues for the second quarter of fiscal 2023 […]

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Tech Mahindra to hire 1000 people for its first global delivery center
Industry

Tech Mahindra to hire 1000 people for its first global delivery center

Tech Mahindra, a leading service provider of digital transformation has announced the set-up of its first global delivery center in Cairo, Egypt as a step towards expansion. The company will hire 1000 employees over a span of 3 years. The firm has also signed an agreement with the ITIDA i.e. Information Technology Industry Development Agency. […]

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Gig work is rising in the workforce: Azim Premji
Industry

Gig work is rising in the workforce: Azim Premji

During the Karnataka Employers’ Association’s diamond jubilee celebration Wipro’s founder chairman Azim Premji has said that the Gig work is rising. According to TOI, Azim Premji added that the role of gig workers has become important. He also highlighted that for an economy to work well and be vibrant, we have a culture and system […]

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IT giant Infosys likely to reclaim No. 2 spot from Cognizant
Industry

IT giant Infosys likely to reclaim No. 2 spot from Cognizant

According to a TOI report, India’s second-largest IT major, Infosys is likely to reclaim spot 2 from Cognizant in terms of revenue. This year Cognizant lowered its revenue guidance three times. The reason behind the lower revenue is a reflection of macroeconomic challenges, people-related challenges, and high attrition levels in the US. Speaking about the […]

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Delay in onboarding has happened before- Ex- HCL CEO Vineet Nayar
Industry

Delay in onboarding has happened before- Ex- HCL CEO Vineet Nayar

While commenting on the delay in onboarding, former HCL Tech CEO Vineet Nayar said that delay in onboarding has happened before. Former HCL Tech CEO Vineet Nayar said, “This, delay in onboarding, has happened multiple times when there are twists and turns in the demand environment. This has happened before as well when there is […]

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Cognizant: No off-campus hiring of freshers
Industry

Cognizant: No off-campus hiring of freshers

As per TOI, Cognizant, an American multinational information technology services and consulting company is freezing the off-campus hiring for the freshers. The company has communicated this through an email to the applicants. The company was hiring fresher candidates from batches 2020, 2021 & 2022. The actual reason is that Cognizant has a volatile environment for […]

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Indian IT industry will hire 2 lakh people in the near term
Industry

Indian IT industry will hire 2 lakh people in the near term

According to ET, Indian multinational information technology company, Infosys co-founder Kris Gopalakrishnan has said the IT sector will hire nearly two lakh people however the industry will surely face challenges. There will be hiring despite some concerns such as inflation and the impending US recession. He added the concern and comments on this while addressing […]

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Tech Mahindra and Infosys to bring a policy on moonlighting soon
Industry

Tech Mahindra and Infosys to bring a policy on moonlighting soon

India’s IT Major, Tech Mahindra has said that it is working on a policy that will allow moonlighting for its employees. C P Gurnani, CEO and MD said that Tech Mahindra is a digital company and not a legacy firm. We are working on a policy that will allow our employees to take gig work with […]

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Accenture gets Andrew J.P. Levy as Chief Corporate & Government Affairs Officer
C-Suite Move

Accenture gets Andrew J.P. Levy as Chief Corporate & Government Affairs Officer

A global professional services company and IT major, Accenture has appointed Andrew J.P. Levy as Chief Corporate and Government Affairs officer. In this newly created role, Levy will lead the company’s geopolitical strategic analysis and its global government relations function, as well as a global network of external strategists and advisors in this area. Levy has […]

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Rishad Premji: Building connect with staff a huge challenge now
Industry

Rishad Premji: Building connect with staff a huge challenge now

India’s IT services provider company, Wipro executive chairman Rishad Premji said that IT companies are currently facing a huge challenge. The challenge of building a sense of connectedness between their employees and the organization. Rishad Premji while addressing the Nasscom Product Conclave 2022 said, “Of its 260,000 strong workforces, around 100,000 are new recruits who have […]

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Infosys allows employees to take up ‘gig jobs’
Industry

Infosys allows employees to take up ‘gig jobs’

An Indian multinational information technology company, Infosys has allowed employees to take up ‘gig jobs’ along with their current jobs. The company did not define ‘gig’ work nor did it term it as ‘moonlighting‘. The company has clarified and added that if an employee is taking any ‘gig jobs’ it should be with the prior consent […]

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HCLTech disapproved moonlighting, continues to add people in Q2
Industry

HCLTech disapproved moonlighting, continues to add people in Q2

A global technology company, HCLTech has said that it does not approve of dual employment, the issue is not a major one within the company. Ramachandran Sundararajan, Chief People Officer of the company said during the Q2 earnings briefing said, “Dual employment while working for HCL Tech…we do not approve that.” “Everybody who signs up to […]

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