Tag: Hiring

Uber Technologies on Wednesday announced it will hire 500 employees for its India tech centres by the end of this year.

It is no secret that the Indian IT sector led the recovery in the job market following a year-long hiring freeze due to the COVID pandemic. And it seems the buoyancy is going to continue in the second half of this financial year.

As the demand for IT services and tech professionals remain strong, many companies are witnessing a manpower squeeze to cater to the client requirements. Even elevated attrition levels are acting as a double whammy. Big IT firms such as TCS, Infosys, Wipro and others have doubled up their hiring activities.

It is a well-established fact that the attrition rate of leading IT companies in India is now at an all-time high. As a result, companies are facing acute talent crunch as voluntary job switching & resignations are rising.

The IT sector in India is witnessing a yawning demand-supply mismatch in manpower. While the demand for tech professionals and software engineers is increasing, so is the attrition rate.

As demand for digital services explodes, there is a huge demand for IT professionals. This in turn is leaving techies with a lot of options to explore leading to resignations and higher attrition.

The IT sector is facing unprecedented talent crunch as the attrition rate has become one of the biggest concerns for companies.

India's red-hot job market seems to have found its mojo back like the pre-pandemic period. Not only IT companies like TCS, Infosys, Wipro, HCL Technologies, but others have stepped up hiring never like this before. As per the latest Naukri JobSpeak survey, overall hiring activity in India has once again surpassed pre-pandemic levels in October.

India’s top IT firms such as Tata Consultancy Services (TCS), Infosys, Wipro, and HCL Technologies have doubled their hiring targets on the back of the improving pandemic situation and spike in attrition.

Top IT firms in India like TCS, Infosys, Wipro, and others have also ramped up their hiring projections to get control over attrition rates. Besides, Noida-based IT services firm HCL Technologies will hire 10,000-12,000 fresh graduates in the next two quarters.

At the time when the participation of women in the Indian workforce has gone down to almost 16%, big IT firms such as Tata Consultancy Services (TCS), Infosys, Wipro and HCL Technologies are apparently planning to hire over 60,000 women techies from the campuses this year.

Exciting news for job aspirants who are looking for opportunities in the Indian IT sector. The top four Indian IT firms - Tata Consultancy Services (TCS), Infosys, Wipro, and HCL Tech - are reportedly planning to hire over 1.5 lakh freshers by 2022.

IT giant Infosys is all set to expand its hiring programme for freshers following a strong result for the quarter ending September 30, 2021 and a very high attrition rate

After almost a year and a half into the Coronavirus pandemic, the job scenario in India is all set to rebound again. Hiring activity in many sectors of India Inc is expected to witness a strong rebound in the third quarter (October-December) of FY22.

After over a year of slump, hiring activity is finally recovering in India. According to Naukri JobSpeak report for the month of August, job market in India witnessed a strong recovery with 89% annual growth in August 2021.