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: Apr 2023
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Campus hiring for IT and Tech slows down 25% amid layoffs
Industry

Campus hiring for IT and Tech slows down 25% amid layoffs

Many companies earlier delayed the onboarding of employees now the reports show that campus hiring for IT and tech slows down by 25% amid layoffs. The impact of layoffs is huge on campus hiring as the number of companies hiring for core tech roles has come down by almost 20-25 percent as the companies have reduced […]

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Engineering Colleges face tough placement season amid hiring slowdown
Industry

Engineering Colleges face tough placement season amid hiring slowdown

By the reports of the Economic Times, engineering colleges have witnessed a tough placement season due to the hiring slowdown. Harpreet Singh Saluja, Founder-President of Nascent Information Technology Employees Senate said, “This situation will remain till the U.S. economy recovers” The companies have initially delayed the onboarding of the employees and also reduced the salary […]

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Google employees to work in hybrid mode, share space to cut costs
Work Model

Google employees to work in hybrid mode, share space to cut costs

As per various reports, the tech giant Google has asked its employees to share the desks and work on alternative days in order of cost-cutting exercise. According to CNBC reports, Google spokesperson said, “Since returning to the office, we’ve run pilots and conducted surveys with Cloud employees to explore different hybrid work models and help […]

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NITES, IT employee union files complaint against Wipro
Industry

NITES, IT employee union files complaint against Wipro

IT employee union Nascent Information Technology Employees Senate (NITES) has filed a complaint against Wipro in the Labour Ministry. Wipro rolled out a revised offer letter for recruits awaiting onboarding at the company for over 12 months. The company has reduced the employee’s salary by 50 percent from Rs 6.5 lakh to Rs 3.5 lakh […]

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Top challenges for newly appointed CEO Ravi Kumar at Cognizant
Industry

Top challenges for newly appointed CEO Ravi Kumar at Cognizant

Recently, IT giant, Cognizant announced the appointment of Ravi Kumar S as CEO and a member of the Board, effective immediately. He replaced outgoing Brian Humphries who will remain with the Company as a special advisor until March 15, 2023. Ravi Kumar S joins Cognizant after a 20-year career at Infosys where he held various leadership roles, most recently working as […]

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HCLTech hires more than Infosys, TCS in Q3
Industry

HCLTech hires more than Infosys, TCS in Q3

An Indian multinational information technology services and consulting company, HCLTech announced its Q3 FY’23 results on January 12, 2023. HCLTech partnered with Purdue Global for providing upskilling and higher education opportunities for its apprentices and the company’s employees in the Americas. The company launched a new skilling & certification initiative to meet the career development […]

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Infosys attrition rate drops in Q3, to hire 50,000 freshers by FY23
Industry

Infosys attrition rate drops in Q3, to hire 50,000 freshers by FY23

An Indian multinational information technology company, Infosys has announced results for the third quarter that ended December 31, 2022, on Thursday, January 12, 2023. The company hired around 6,000 freshers in Q3FY23. In starting of FY23, Infosys had given a fresher hiring target of 50,000, and 40,000 of them are hired in the first half of the […]

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Amazon staff furious on being forced to work after co-worker died
Industry

Amazon staff furious on being forced to work after co-worker died

According to the media reports, an American technology company focusing on e-commerce, Amazon employees are furious over being forced to work after a co-worker died on the floor. In a warehouse in Colorado Springs, an employee named Rick Jacobs died on the job after experiencing a cardiac arrest. The employee died just before a shift change. Post this […]

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Infosys & Wipro to announce Q3 results on 12 & 13 Jan respectively
Industry

Infosys & Wipro to announce Q3 results on 12 & 13 Jan respectively

The two IT majors of India, Infosys & Wipro have informed to announce Q3 results on 12 & 13 January respectively. Infosys India’s second-largest IT service provider, Infosys will announce its earnings for the quarter ending December on January 12. The board of directors will meet on January 11 and 12 to discuss the same, the […]

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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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India to have over 1 cr tech jobs in the next 2 years: IT Minister
Industry

India to have over 1 cr tech jobs in the next 2 years: IT Minister

Union Minister for IT and Communications Ashwini Vaishnaw said that the government has set a target to cross the one crore job mark in the next two years. The jobs will be created in three main segments of the digital economy—electronics, startups, IT, and IT-enabled service. Union Minister for IT and Communications Ashwini Vaishnaw said, […]

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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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