Wipro plans to hire 10,000-12,000 freshers from campuses in FY25

Wipro joins other large IT services firms, which also announced plans to visit engineering campuses to hire freshers, as utilisation hits an all-time high and demand in some biz shows improvement

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IT services major Wipro has said that it will be hitting the campus trail and hiring around 10,000-12,000 employees during the ongoing financial year, after reporting headcount dip for six quarters in a trot till the end of FY24.

In the first quarter, the firm on-boarded just 337 employees.

With this, Wipro joins the other large IT services firm, who also plan to hit the engineering campuses to hire freshers, as utilisation hits an all-time high and demand in some businesses show improvement.

Tata Consultancy Services (TCS) was the only IT player to have announced a campus hiring target for FY25 last year.

In case of Wipro, hiring is a positive sign as not only it shows demand is back, but freshers who have been in a wait mode can finally start landing jobs.

“After a break of a year we have started on-boarding freshers from campus. This quarter we on-boarded around 3,000 freshers. We would be on-boarding around 10,000-12,000 people this fiscal,” said Sourabh Govil, CHRO, Wipro.

Govil said that the company will complete all the backlog of offers made this financial year.

“We also have relationships with certain institutes. So we will be going to all those campuses and also look for off campus hiring for next year,” he added.

Govil said that the company will look at a similar number to be hired for next financial year (FY26) as it wants to build its headcount base so that they are prepared as growth returns.

“Our utilisation has been going up every quarter. We believe this is the right time for us to look at the supply side, so that we are in a better position,” said Govil.

Wipro’s utilisation for Q1FY25 came in at 87.7 per cent. This is up from 83.7 per cent in the Q1 of FY24 and 86.9 per cent in the preceding quarter.

Additionally, attrition for the firm came in at 14.1 per cent.

Infosys, too, announced yesterday that it will be hiring 15,000-20,000 freshers this year. This will be a combination of campus and off campus. Infosys too after six quarters announced its hiring plans.

Tata Consultancy Services (TCS), Infosys’ larger peer by revenue, has announced a hiring target of 40,000. For the first quarter, TCS took on board 11,000 freshers.