Page 3 - Hiring In It Sector
Google to slow hiring for the rest of the year as recession looms
Sundar Pichai said the company will focus on hiring "engineering, technical and other critical roles," in 2022 and 2023
 "Google to slow hiring for the rest of the year as recession looms")
No signs of slowdown in attrition at TCS; firm says it has enough hands
TCS which had shared in Q4 of FY22 the hiring target of 40,000 for FY23, said the target remains
 "No signs of slowdown in attrition at TCS; firm says it has enough hands")
IT, technology lead July-Sept 2022 hiring outlook: ManpowerGroup Survey
Record high hiring outlook of 51% in eight years
 "IT, technology lead July-Sept 2022 hiring outlook: ManpowerGroup Survey")
Infosys, TCS, Wipro: Is the fall in information technology stocks overdone?
In the last few weeks alone, analysts at JP Morgan, Kotak Institutional Equities and Nomura had sounded caution on the IT sector, suggesting that the heydays may be over, at least for now
 "Infosys, TCS, Wipro: Is the fall in information technology stocks overdone?")
Indian IT Services to hire about 450,000 people in H2FY22: UnearthInsight
With higher attrition in H2 of 17-19 per cent, the industry is likely to have a net employee addition of about 175,000 in H2FY22, says study
 "Indian IT Services to hire about 450,000 people in H2FY22: UnearthInsight")
Infosys Q2 preview: IT major could increase revenue guidance for FY22
Most analysts forecast a nearly 20 per cent year-on-year (YoY) jump in Infosys' revenue during the second quarter of the financial year 2021-22 (Q2FY22)
 "Infosys Q2 preview: IT major could increase revenue guidance for FY22")
Hiring up 11% sequentially in June quarter, IT tops with 61% growth: report
Other sectors that showed standout growth include financial services (48%), and BPO/ITeS (47%)
 "Hiring up 11% sequentially in June quarter, IT tops with 61% growth: report")
TCS to hire over 40,000 freshers from Indian campuses in FY22
The company's chief operating officer N Ganapathy Subramaniam said there is no dearth of talent supply in India
 "TCS to hire over 40,000 freshers from Indian campuses in FY22")
India's hiring rate recovered from 10% in Apr to 35% in May: LinkedIn
India's hiring rate has recovered moderately from 10 per cent in April to 35 per cent in May 2021, but the aftermath of the second COVID-19 wave has left professionals in India increasingly vulnerable to the economic uncertainty, as per LinkedIn data. India's hiring rate on LinkedIn dropped from 50 per cent in March 2021 to 10 per cent in April 2021. The hiring rate witnessed a modest revival to 35 per cent in May 2021, as localised curfews gradually lifted and economic activity partially resumed. However, working women and young professionals still remain vulnerable to economic turbulence. "Working women are 4x less confident than working men, while the average time taken for new graduates to find jobs has increased from 2 to 3 months," according to LinkedIn. Some of the dominant industries on LinkedIn that are actively hiring are -- Finance, Corporate Services, Manufacturing, Healthcare, and Hardware & Networking. On the other hand, the industries that witnessed a decline in ...
Strengthened talent pool by recruiting 19,230 graduates in India: Infosys
At 40th AGM of Infosys, its chairman Nandan Nilekani said in FY21 the company had industry-leading, healthy revenue growth at 5% in constant currency, totalling $13.6 bn
 "Strengthened talent pool by recruiting 19,230 graduates in India: Infosys")
TietoEVRY strengthening India presence with 1000+ IT hirings in 2021
TietoEVRY has ambitious plans to ramp-up its resources in India by 20%
 "TietoEVRY strengthening India presence with 1000+ IT hirings in 2021")
Hiring received booster dose in January-March period in India: Report
About 90 per cent of the large organisations stepped up their hiring: report
PayPal to hire over 1,000 engineers for India development centres in 2021
The hiring will be for the firm's development centres across Bengaluru, Chennai, and Hyderabad
 "PayPal to hire over 1,000 engineers for India development centres in 2021")
Top Headlines: Voda Idea defaults on payments, IT firms' hiring woes & more
From IT companies facing problems in hiring fresh candidates, Voda defaulting on June payments, TCS reporting fall in net profits, here are the top headlines on Friday morning
 "Top Headlines: Voda Idea defaults on payments, IT firms' hiring woes & more")
Unsure of hiring fresh graduates, IT companies venture off campus
The technology industry is one of the largest recruiters for fresh graduates in the country.
 "Unsure of hiring fresh graduates, IT companies venture off campus")
Covid-19 impact: IT services let go of contract staff to reduce bench
In the last few years, subcontracting costs for most IT firms have also increased manifold due to protective measures around issuance of H1-B work visas
 "Covid-19 impact: IT services let go of contract staff to reduce bench")
Over 1 mn IT employees to work from home post-lockdown: Kris Gopalakrishnan
The former CEO and Managing Director of Infosys said he does not see job losses in the IT sector
 "Over 1 mn IT employees to work from home post-lockdown: Kris Gopalakrishnan")
Coronavirus spread: IT services companies likely to go slow on hiring
Among IT firms, market leader Tata Consultancy Services (TCS) has added around 30,000 fresh graduates in this financial year
 "Coronavirus spread: IT services companies likely to go slow on hiring")
Hiring in IT sector to be slower for years to come, says ex-CFO of Infosys
This year is going to be challenging on the growth front but probably next year demand could come back: V Balakrishnan
 "Hiring in IT sector to be slower for years to come, says ex-CFO of Infosys")
Employment slowdown: IT firms have logged out of hiring for vacant posts
As client budgets shift to newer areas such as digital, analytics and cloud, the hiring trend has changed as well
 "Employment slowdown: IT firms have logged out of hiring for vacant posts")
