Business Standard

Hiring In It Sector

Indian IT sector turns to campus placements after a year-long pause

The Indian IT sector companies are resuming campus recruitment after a year, showing signs of recovery for the industry. The companies are looking to hire skilled freshers rather than entry-level jobs

Indian IT sector turns to campus placements after a year-long pause
Updated On : 21 Sep 2024 | 10:48 AM IST

Nifty IT soars 2% amid positive US job data, rebound in global markets

The rally in IT stocks came on the heels of a major drop in US jobless claims, which fell to 233,000 for the week ending August 3-the largest decline in nearly a year.

Nifty IT soars 2% amid positive US job data, rebound in global markets
Updated On : 09 Aug 2024 | 11:24 AM IST

IT hiring likely to grow by 8.5% by next year as demand grows: Report

With IT companies gradually coming out of the slump and actively ramping up their hiring efforts, a report on Thursday said that recruitment is set to surge with an estimated 8.5 per cent increase in job roles within the industry by next year. The demand for skilled IT talent is growing after a slow period late last year and early this year. Hiring is set to surge, with an estimated 8.5 per cent increase in job roles within the industry by next year, according to a report by Indeed, a global job matching and hiring platform and a subsidiary of Recruit Holdings. This data from Indeed has been compiled from Indeed Hiring Tracker and Indeeds platform data. Indeed Hiring Tracker is a quarterly report that explores the employment landscape and job market. The report further revealed that almost 70 per cent of all tech jobs currently on the Indeed platform are for software roles. The dominance of software roles on Indeed is driven by the rapid adoption of technologies by companies like A

IT hiring likely to grow by 8.5% by next year as demand grows: Report
Updated On : 08 Aug 2024 | 4:44 PM IST

White-collar hiring remains muted in June; AI, FMCG show strong growth

The overall Naukri.com hiring index was dragged down by the decline in jobs in Global Capability Centers (GCCs) with a 7 per cent year-on-year decline, BPO by 9 per cent, and Education by 9 per cent

White-collar hiring remains muted in June; AI, FMCG show strong growth
Updated On : 02 Jul 2024 | 10:23 AM IST

Tier-2 firms absorbed 8k professionals from Tier-1 players in past 2 years

Tier-2 companies added nearly 100 senior executives from Tier-1 firms over the past couple of years in a range of roles including presidents and vice-presidents

Tier-2 firms absorbed 8k professionals from Tier-1 players in past 2 years
Updated On : 07 Jun 2024 | 10:15 AM IST

Global capability centres in India see hiring dip amid western disturbances

Experts said that the reasons behind this could be a reflection of the uncertainties and slow recovery in the West and global markets, and also inflation and geopolitical conflict

Global capability centres in India see hiring dip amid western disturbances
Updated On : 09 Apr 2024 | 9:53 AM IST

We have not seen any change in the sentiment, says HCLTech's Vijayakumar

We were always confident of our business mix and our incredible leadership and all other elements, said C Vijayakumar, CEO & MD, HCLTech

We have not seen any change in the sentiment, says HCLTech's Vijayakumar
Updated On : 14 Jan 2024 | 11:10 PM IST

Tech companies planning to step up hiring in tier-2, tier-3 cities in 2024

Tier-2 and tier-3 cities such as Thiruvananthapuram, Kochi, Coimbatore, Jaipur, Mohali, Vadodara, Chandigarh, and Indore contribute around 12-15 per cent of the country's tech talent

Tech companies planning to step up hiring in tier-2, tier-3 cities in 2024
Updated On : 28 Dec 2023 | 10:41 PM IST

For salary hikes, IT firms now considering tenure along with performance

The IT majors are making changes in their pay increment structure to maintain margins at a time when the sector is going through a tough time globally

For salary hikes, IT firms now considering tenure along with performance
Updated On : 21 Dec 2023 | 11:52 AM IST

$245 bn IT sector sees tougher terms amid scramble for contracts: Report

The tougher contracts are likely to add pressure on an industry that is already struggling

$245 bn IT sector sees tougher terms amid scramble for contracts: Report
Updated On : 19 Dec 2023 | 10:24 PM IST

IT hiring easier than last year; founders hopeful of resumption in funding

Even as the technology sector witnessed a decline in funding across the globe, founders are hopeful that a 'warmer funding season' is on its way in 2024

IT hiring easier than last year; founders hopeful of resumption in funding
Updated On : 18 Dec 2023 | 12:33 PM IST

TMS Ep586: India at COP28, IT hiring, Fed pivot, phase-down of fossil fuels

What did India gain from COP28? Why has IT hiring slowed down? What does the Fed pivot mean for Indian markets? How is phase-out of fossil fuels different from phase-down? All answers here

TMS Ep586: India at COP28, IT hiring, Fed pivot, phase-down of fossil fuels
Updated On : 15 Dec 2023 | 9:17 PM IST

Hiring in the Indian IT sector shrinks for the first time in 25 years

The workforce in the top 10 Indian IT companies fell to 2.06 million at the end of the July-September quarter, a fall of 51,744 people

Hiring in the Indian IT sector shrinks for the first time in 25 years
Updated On : 30 Oct 2023 | 10:03 AM IST

Amid one of largest headcount drops, TCS rethinks 25/25 strategy, ends WFH

In Q2 of FY24, TCS observed a reduction of over 6,300 in its total employee count

Amid one of largest headcount drops, TCS rethinks 25/25 strategy, ends WFH
Updated On : 12 Oct 2023 | 4:48 PM IST

Macro uncertainties may keep IT hiring in slow lane this fiscal year

According to HR experts, students graduating in the academic year 2023 will find it difficult to land a job

Macro uncertainties may keep IT hiring in slow lane this fiscal year
Updated On : 17 Jul 2023 | 6:30 AM IST

Staffing, IT software industries show highest demand for freshers in India

The demand for interns is the highest in the IT industry which accounts for 35 per cent of all openings: foundit data

Staffing, IT software industries show highest demand for freshers in India
Updated On : 25 May 2023 | 1:00 PM IST

IT sector slowdown results in 30% decline in hiring of freshers: Report

The study revealed that several factors contributed to the slowdown in hiring, which includes increased focus on upskilling and reskilling of existing employees, rather than hiring new ones

IT sector slowdown results in 30% decline in hiring of freshers: Report
Updated On : 15 May 2023 | 9:13 PM IST

IT firms hired more women in 2022-23, 6.5% growth registered: Survey

A survey conducted by staffing firm Xpheno found that the proportion of women employees increased 6.5% at the top IT companies in FY23

IT firms hired more women in 2022-23, 6.5% growth registered: Survey
Updated On : 10 May 2023 | 12:51 PM IST

IT firms give staffing companies a miss, fill vacancies internally

Companies were doling out up to 100 per cent hikes to hire top IT talent only a year ago, the situation has completely changed today

IT firms give staffing companies a miss, fill vacancies internally
Updated On : 03 May 2023 | 12:35 PM IST

Hiring resumes in Indian IT sector after months-long slowdown amid layoffs

Amid ongoing global layoffs especially in the tech sector, hirings in India saw a 9 per cent sequential growth in February and the IT sector signalled a positive comeback after witnessing a decline

Hiring resumes in Indian IT sector after months-long slowdown amid layoffs
Updated On : 01 Mar 2023 | 1:10 PM IST