IT Industry: HR News, Trends & Workplace Insights

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

Updated on: Jan 2025
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IT Industry: 5 Key Indicators of Revival in India’s Tech Sector
Editorial

IT Industry: 5 Key Indicators of Revival in India’s Tech Sector

Based on the recent second-quarter Q2FY25 results released by Indian IT Industry like TCS, Infosys, HCLTech, Wipro, Tech Mahindra, LTIMindtree, etc., the industry is showcasing strong signs of revival compared to previous quarters. Here’s a breakdown of the key indicators: 1. Total Headcounts: Increase in Hiring The recent headcount figures from the second-quarter results of […]

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IT Fresher Hiring to See Significant Growth in FY25 in India, Report
Hiring

IT Fresher Hiring to See Significant Growth in FY25 in India, Report

After a subdued period, fresher hiring in India’s IT services sector is poised for a strong revival in FY25, with a projected 20-25% increase. Global capability centres (GCCs) are also expected to expand their fresher recruitment by 40% compared to the previous year, according to an analysis by TeamLease Digital. This growth reflects the IT […]

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Bridging the Skills Gap; Cognizant Rs 2.5 LPA Offer Under Scrutiny
Compensation

Bridging the Skills Gap; Cognizant Rs 2.5 LPA Offer Under Scrutiny

The Indian IT industry is no stranger to heated debates over fresher salaries, but the recent uproar surrounding Cognizant Rs 2.5 lakh per annum (LPA) job offer has taken center stage. As fresh graduates grapple with limited job prospects and rising living costs, the tech giant’s static salary level since 2002 has sparked widespread discontent. […]

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HCLTech Vs Wipro: Comparing Indian IT Giants for Career Choices
Industry

HCLTech Vs Wipro: Comparing Indian IT Giants for Career Choices

HCLTech and Wipro, prominent forces in the Indian IT sector, present compelling opportunities for tech professionals. Each company boasts distinct strengths and organizational cultures, making the decision between them pivotal for aligning with your career aspirations. To make an informed decision, consider factors such as company culture, career development prospects, types of projects, global presence, […]

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Skills Gap: A Looming Challenge in a Booming IT Industry?
Industry

Skills Gap: A Looming Challenge in a Booming IT Industry?

According to media reports, TCS is struggling to fill 80,000 open positions due to a skills gap. Amar Shetye, global operations head of TCS Resource Management Group (RMG), said that Skills Gap is forcing the company to rely on contractors. It’s not only TCS, entire IT industry faces a widening skills gap due to rapid […]

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How Infosys engages its employees to retain them in the long run
Employee Engagement

How Infosys engages its employees to retain them in the long run

At Infosys, fostering employee engagement and retention is a multifaceted endeavor, drawing from a diverse array of strategies aimed at cultivating a supportive, inclusive, and fulfilling work environment. Through a combination of innovative initiatives and a commitment to nurturing talent, Infosys has established itself as a leader in employee satisfaction and retention within the tech […]

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Indian IT Industry to see a huge dip in hiring for FY24- HR Experts
Industry

Indian IT Industry to see a huge dip in hiring for FY24- HR Experts

Lately, India’s IT Industry TCS, Infosys, Wipro, HCLTech and Tech Mahindra, etc have reported their first quarter results for Financial Year 2023-24. IT Industry reported a Drop in Net Profit as mentioned below in the table; values in Crores. Margins have been under stress in the June quarter, however for Infosys as well as on […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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