Hiring spike of 44% in Fiscal year 2021 at Information Technology companies

TCS expanded employees by 40,005; Infosys went up by 17,248 and Wipro by 14,826


TCS, Infosys and Wipro added 72,000 employees, 44 per cent higher as compared to 50,000 in the previous year. 

CEO of Everest Groups, an IT consulting and research firm Peter Bendor-Samuel is reported to have said, “While the secular trend to move to new digital technologies continues, it is now being augmented by firms moving more legacy or traditional work offshore. The net result of this is an emerging talent shortage both onshore and offshore with resulting inflation in wages as well as increased recruiting for both experienced and new talent.”

TCS did the highest intake of 40,005 employees taking its headcount to 4,88,649. Infosys added 17,248 and Wipro increased employee strength by 14,826. According to market analysts, the hike in employee intake is due to a rise in technology deployment across different sectors. 

“The pandemic has increased the pace of technology adoption across the globe as clients and their customers move to a digital environment. Even industries that were traditionally not IT-driven or had little dependence on IT are now adapting their businesses to the new normal as they feel the need for more agile digital solutions with a faster time to market. This means more jobs for techies,” said a market analyst said

Thierry Delaporte, the CEO of Wipro, said: "during the fourth-quarter earnings call that there is an increased focus on digital operations as companies around the globe are investing in new-age technologies to accelerate their digital transformation and become future-ready."

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