IT major Tata Consultancy Services (TCS) is looking to hire between 1.25 lakh and 1.5 lakh employees in FY24, reports The Times of India.

IT firm Infogain plans to hire 800 employees in India in FY24, reports The Economic Times.

It offers digital solutions to companies in the technology, healthcare, insurance, travel, telecom, and retail industries. The focus is on cloud, microservices, automation, Internet of Things, and artificial intelligence.

Infogain currently has offices in Noida, Bengaluru, Pune, Gurgaon, and Mumbai. It is planning to open satellite offices in Tier 2 cities, says Dayapatra Nevatia, President and CEO.

The company is also actively looking for acquisitions to deepen capabilities, Nevatia adds.

Multinational software giant SAP is planning to hire nearly 1,000 employees in 2023, reports The Economic Times, citing a senior executive from the company.

The firm will be hiring professionals with expertise in finance, sustainability, human experience management, and artificial intelligence, among others, Sindhu Gangadharan, MD and SVP, SAP Labs India, says, while adding that India is the fastest growing market for the company. It has offices in Bengaluru and Gurugram, which serve nearly 4.5 lakh customers globally.

The firm is also planning to open a new campus in Bengaluru by 2025 with an employee base of around 15,000, Gangadharan adds.


HCLTech is planning to hire 15,000 freshers in FY24, reports The Times of India.

The company, however, had hired more than 27,000 freshers in FY23, the report says, while also onboarding all of them. Ramachandran S., chief people officer at HCLTech, said that there have been no onboarding delays.

CEO and MD Vijayakumar C said that HCLTech is looking at the best training opportunities for freshers and exploring ways to utilise them on projects. Around 85% of employees at the company are included in the variable pay programme — a component which is only 5% of the total compensation package, Ramachandran added.

HCLTech hired 17,067 employees overall in FY23, compared to 39,900 in FY22, reports Moneycontrol. The company recorded an 18% jump in revenues and an 11% increase in profits in the last fiscal.

“This reflects our confidence in the medium and long-term,” said the company’s CEO and MD Rajesh Gopinathan, at the release of TCS’ October-December quarterly results. The hiring target for the upcoming financial year would also include around 40,000 freshers, said Executive Vice-President and CHRO Milind Lakkad.

TCS has hired 42,000 freshers so far in FY23 but only 7,000 people were hired in the third quarter. Gopinathan, however, had said in December that hiring sentiment would remain benign in 2023 compared to the first few months of 2022, reports The Economic Times.

Over 2,000 employees, however, left TCS in the October-December quarter but the company said this wasn’t because of less demand. Attrition also came down marginally from 21.5% in the second quarter to 21.3% in the third quarter. “We’re not pulling people off the field,” added Gopinathan.
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