Amid apprehensions of massive job loss in the IT companies, India’s top tech giants - TCS, Infosys and Wipro have planned to hire over 1 lakh fresh graduates this financial year (2021-2022), certainly bringing much relief for the students who are graduating this year. As per reports, India’s top three software exporters - Tata Consultancy Services (TCS), Infosys and Wipro are likely to roll out around 1.05 lakh job offers for fresh graduates from different campuses across the country during the financial year 2021-22.
The job scenario across the country worsened after the pandemic-induced lockdown was enforced last year. The job market saw unprecedented mass layoffs, salary cuts. Many companies also resorted to freeze hiring or had slowed down the process. But it seems the IT sectors are now making extraordinary progress in revival of the jobs lost during the crisis.
Reports suggest that these three top IT firms have already added over 40,000 employees to its workforce in the first quarter of this fiscal. Tata Consultancy Services (TCS), the largest employer in the private sector in India, has planned to hire more than 40,000 fresh graduates in this financial year.
Executive vice president and global head of human resources in TCS, Milind Lakkad recently informed that the IT firm hired 40,000 graduates from campuses in India in 2020 and it aims to better this figure this year. Infosys, on the other hand, had a total employee base of 2.67 lakh at the end of June quarter, as compared to 2.59 lakh in the March quarter. The IT major has reportedly said that it is going to hire around 35,000 engineering graduates from colleges across the world this year.
Similarly, Wipro has also announced that it has planned to hire over 30,000 fresh graduates for joining in the Financial Year 2023. The hiring process will soon gather pace as companies have reportedly signed record deals worth billions of dollars and many projects are in their buckets.
Published: Dipti Ranjan Das
Last updated: 21 July 2021, 02:21 PM IST
Many places across the country are currently reporting a spike in the number of daily infections. Odisha, on the other hand, is witnessing fluctuation in the virus transmission rate.