Page 2 - Hiring In It Sector

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

$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

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

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

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

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

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

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

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 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 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

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

Amid global recession fears, IT firms may go slow on hiring in 2023: Report

The hiring rate for the IT sector is likely to grow by only 10 per cent in 2023, almost half of the 15-20 per cent rise seen this year

No hiring downturn at IITs as international firms pitch job offers

Consulting, finance, core and international trading companies take the lead in chasing talent

Indian IT industry to hire 200,000 people in near term: Kris Gopalakrishnan

'Ups and downs' in global economy will not impact Indian industry for long, he says

Hiring in India IT sector slows down 18% in Oct, shows Naukri report

With the IT sector showing a decline, Bengaluru, Hyderabad and Pune showed a decline in hiring activity, according to the Naukri JobSpeak index

Indian IT companies cut hiring amid US, Europe recession fears: Report

Several CEOs of IT companies in India have said that companies need to be cautious amid macroeconomic uncertainties

Channelling tech talent: IT majors face headwinds, may cut hiring in India

A Nasscom report indicates that digital core talent has grown faster than IT core talent, as companies undertook skilling initiatives to reorient the workforce.

Joining delayed? Blame sudden global slowdown, overhiring in FY22

Industry analysts add companies hired in a big way in FY21. With a sudden global slowdown they will go slow and it is evident in the hiring targets for FY22

Bangalore emerges as top city in intent of hiring for 2nd quarter: Report

Driven by growth in IT, ecommerce, FMCG and other allied sectors, Bangalore has emerged as the top city with the highest intent to hire in the second quarter followed by Chennai and Mumbai, according to a report. In the July to September quarter, according to the TeamLease Employment Outlook Report, 95 per cent of employers expressed the intent to hire more, compared to 91 per cent in the April-June quarter. From a pan-India perspective, 61 per cent of employers surveyed were keen to hire during the period, a 7 percentage point increase over last quarter, it added. In Bangalore, both manufacturing and services have shown positive intent to hire, the report stated. In the manufacturing sector, leading industries were FMCG (48 per cent), healthcare and pharmaceuticals (43 per cent), manufacturing, engineering and infrastructure (38 per cent), power and energy (34 per cent) and agriculture and agrochemicals (30 per cent), it revealed. From the services sector perspective, leading ...