The FY25 has left a significant impact on the big companies like TCS, Infosys and Wipro. After Amazon laid of more than 18 thousand employees without prior information with various reasons. Now another end of the spectrum has come to light with a mass hiring of 13.5k employees. this marks as the step to recover from the previous year’s decline. TCS hired 6,433 employees and Infosys hired 6,388 and Wipro hired 7,322 candidates. Let’s look at the five key reasons behind the mass hiring of these major companies TCS, Wipro, Infosys
Rising Demand for IT Services:
The global shift has been taking a significant turn towards digital transformation. Among all the other sects, cloud computing has increased the need for IT solutions.
Focus on Fresh Talent:
Many companies are now prefering to invest in campus recruitment to onboard freshers. Their main motto is to build a skilled workforce.
Project Expansion:
Major companies deal with large-scale projects require a significant workforce. This team is specially built to meet deadlines and maintain quality with transforming digital world.
Addressing Attrition:
High attrition rates in the IT sector promotes the need for continuous hiring to stabilize operations in the organisation.
Cost Efficiency:
Leveraging India’s cost-effective labor market allows these firms to maintain profitability while hiring in bulk.
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