IT major Wipro has announced its plans to onboard 10,000-12,000 freshers in the financial year 2025-26 (FY26), the company’s Chief Human Resources Officer Saurabh Govil shared this during a press conference following the company’s release of its Q3FY25 earnings report.
Wipro’s onboarding plans come after a period of subdued hiring and major layoffs in the IT sector and could potentially signal a turnaround in the industry with a recovery in demand and discretionary spending.
For the current financial year, Wipro said that it had aimed to hire about 10,000 freshers. Around 7,000 have already been onboarded in the October-December (Q3) quarter and another 2,500-3,000 are expected to join in the last quarter of FY25.
Govil, during the press conference on Friday evening, emphasised a cautious yet consistent hiring approach to avoid overcommitting. This comes as the company reassesses its hiring models to improve employee utilisation and grow margins amid declining attrition rates.
Revoking job offers in 2022
When asked about the company’s revoking offers for 2022 graduates, the firm cited a time gap between extending offers and onboarding. To maintain quality, Wipro introduced reassessment processes and provided skilling opportunities to ensure candidates remain industry-ready.
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Wipro also announced the incorporation of Artificial Intelligence (AI) in its fresher-level hiring, a shift in its recruitment strategy.
Infosys and TCS commit to onboarding graduates
Other major IT firms in India have also made similar declarations, with Infosys planning to hire over 20,000 freshers in FY26 and Tata Consultancy Services (TCS) also committing to onboarding more graduates in the coming financial year. However, in its latest quarterly earning report, TCS did report a net decline of 5,370 employees, a significant shift after consecutive quarters of growth.
Over-hiring was flagged as one of the many reasons for the mass layoffs witnessed post-Covid. The developments at Wipro, Infosys, and TCS may reflect broader trends in the IT sector, where companies are balancing cautious hiring with strategic investments in talent acquisition.