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Hiring of IT freshers by firms may be delayed amid coronavirus outbreak

Since most IT firms anticipate a demand slowdown in the coming quarters, hiring from tier-III and IV engineering colleges through walk-in interviews is going take a massive hit in 2020

Coronavirus | Indian IT jobs | Indian IT Sector

Debasis Mohapatra  |  Bengaluru 

In the April-June quarter of FY20, Wipro paid a retention bonus of ~1,00,000 to the freshers, who were hired via campus placement and completed one year
Anticipating demand, the top four IT firms of India added more than 50,000 freshers last year.

Hiring of fresh engineering graduates from college campuses by information technology (IT) services is likely to be delayed owing to uncertainties arising out of global spread of (Covid-19). IT firms are expected to absorb these freshers in a staggered manner. Sources in the know said the chances of dishonouring joining letters seem remote at this point in time.



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First Published: Mon, April 06 2020. 20:12 IST