83% jump in hirings: FY22 could be IT's best ever, shows data

Big 5 will collectively induct at least 160,000 employees

If the pandemic had a silver lining, it is that companies have pushed hiring efforts into overdrive. At a time when the Great Resignation is turning into the Great Reshuffle, with a large swathe of workers simply reconfiguring their careers, the country’s top five information technology (IT) companies could see 2021-22 (FY22) as the best year ever for net hirings, purely based on current trends.

According to a latest analysis by Jefferies, in FY22, Tata Consultancy Services, Infosys, HCL Technologies (HCL Tech), Wipro, and Tech Mahindra (TechM) will collectively add over 150,000-160,000 employees. That represents a huge jump of 83 per