According to the reports, the students received these offer letters after several rounds of interviews and a rigorous selection process.
Demand for freshers surged specifically in Mumbai (+93 per cent) amongst metros apart from Kochi (+105 per cent) amongst tier-II cities.
There are a plethora of jobs available for professionals. Some of the prominent ones include developers, consultants, analysts, data scientists, to name a few.
The positive trend in IT sector hiring is expected to continue in 2022 as IT major Wipro has revealed that it is eyeing to hire a record number of people next 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.
On one end, many companies are planning to return to the offices, while on the other many are tweaking their work from home policies to meet the employee demand for flexibility. Global tech giant Apple is all set to end work from home option for its employees worldwide, next year.
With over 1.5 lakh employees, the IT giant is operating at 13 locations in India.
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.
After almost two years of remote work, India's most valuable IT company, Tata Consultancy Services (TCS) reopened its doors to welcome its employees to office campuses again. According to a report by a national media (News 18), the IT giant has decided to end the work from home and requested its employees to come back to their base location by November 15 (Monday).
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.
Recently, a survey conducted by the IT industry apex body, NASSCOM stated that both employees and employers are equally interested in making a comeback to the workplace.
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.
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