Latest Tech Hiring Slowdown HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Tech Hiring Slowdown.
Cognizant, one of the worlds leading professional services companies, has announced its first...
Today, French IT major Capgemini reported a consolidated Q ending March financial results. The...
HCLTech, a leading global technology company, has reported financial results for the fourth quarter ...
On April 25th, Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, announced the audited consolidated financial results for its quarter and year ended March 31st, 2024. Key Highlights Mohit Joshi, Chief Executive Officer and Managing Director, Tech Mahindra, said, “As we step into FY’25, we look forward […]
In FY24, India’s top IT giants, TCS, Wipro, & Infosys collectively reported a drop in headcounts by 63,000 employees. This reflects the impact of a weak global demand environment and clients’ constrained tech spending. Wipro reported a net reduction of 6,180 employees, total headcount at the end of March 2024 stood at 234,054. The company’s headcount was […]
A leading global information technology, consulting, and business process services company, Wipro has delayed the campus hiring and it will not start anytime soon. Furthermore, the company successfully downsized its bench, reallocating unutilized employees to productive roles, demonstrating effective resource management, and optimizing workforce utilization to enhance overall operational efficiency and productivity. As reported by […]
In FY24, India’s top IT giants, TCS, Wipro, & Infosys collectively reported a drop in headcounts by 63,000 employees. This reflects the impact of a weak global demand environment and clients’ constrained tech spending. Despite the sequential drop in headcounts, Q4FY24 sounds encouraging and motivating in terms of revenue and order books. It gives a […]
Wipro, a prominent global IT company, reported its financial performance for the 4th quarter, January-March 2024 period on April 19. The company reported a net reduction of 6,180 employees the total headcount at the end of March 2024 was 234,054. The company’s headcount was reduced by 24,516 in FY24. The attrition rate at 14.2 percent […]
As per the recent reports on the Impact of the global economy on Jobs, the Market is such that there is a decrease in Campus Placements. The COVID-19 pandemic severely disrupted the job market. While the overall economic recovery appears to be on track, the job market hasn’t fully bounced back. Many sectors are still […]
According to Mint report, Nisheeth Srivastava, Chief Technology & Innovation Officer, India at Capgemini, said that the increase in headcount aligns with industry competitors, marking a positive shift after a challenging FY24 across the IT sector. Capgemini is planning to hire “in big numbers” in India for FY25. However, Capgemini India’s employee count has decreased […]
Amid the global uncertainties and layoffs, IT and tech companies are either skipping or rethinking college campus hiring. The bulk recruiters are facing a weak demand environment and an excess freshers’ bench. Recently, Infosys Chief Financial Officer Nilanjan Roy said, “We continue to monitor the utilization and our flexi hiring model and at this stage of […]
