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HCLTECH EMPLOYEE ATTRITION
HCLTech's workforce declines by 3,292 in Q1 FY27HCLTech's workforce shrank by a net 3,292 employees during the April-June quarter of FY2026-27, marking its sharpest quarterly decline in a...- Tier 2 cities emerge as next frontiers for India's growing GCC ecosystemRajeshwar Singh Jenwar, Director and HoD, Software Industry Promotion Division, Ministry of Electronics and Information Technology (MeitY),...
- Infosys adds 5,000 employees in December quarter, headcount stands at 3.37 lakhAt the end of the December quarter, Infosys had 337,034 employees, higher than the September quarter’s count of 331,991, the Bengaluru-head...
- HCLTech eyes 15% fresher hiring for specialised, AI rolesThis is in line with the general assessment by the industry, pointed out Ram Sundararajan. He, however, did not cite a definite target for ...
- Top IT firms boost fresher hiring targets on signs of demand revivalThe $254-billion Indian IT industry had shed a record more than 70,000 employees in FY24 as their clients cut tech spends amid a global slo...
- Deal momentum, discretionary spend pickup hint at a better FY26 for InfosysInfosys reported better-than-expected revenue and net profit growth for Q4 2024, increased its FY25 revenue guidance, and plans to hire mor...
- HCL Tech has painted a better picture for the yearHCL Tech exceeded expectations in Q3FY25, reporting robust net profit and margin growth, despite slightly below-estimate dollar revenue gro...
- HCLTech's bounceback in Q2 holds out hope of moreThis contrasts with the lacklustre performance reported by TCS last week wherein the country's largest IT exporter recorded slower-than-ant...
- HCLTech slows headcount reduction in Q2 FY25, down by 780 employeesHCLTech's larger peer Tata Consultancy Services (TCS), India’s largest IT services company, added 5,726 employees during the second quarter...
- The new reality of IT raises: Why your next pay hike could be months awaySalary hikes in IT companies are shifting from the traditional April-June period to later in the year, introducing unpredictability. Raises...
- HCLTech headcount dips by 8,080 in Q1FY25HCLTech experiences a notable increase in employee count by 8,080 for the quarter ending June, reaching a total of 219,401 employees. Meanw...
- HCLTech bucks trend again, headcount rises by 2,725 employeesFor the full year as well, Noida-headquartered HCLTech added 1,537 employees from overall headcount of 225,944 in March end 2023. Similarly...
- HCLTech asks employees to report to office thrice a weekEmployees who do not follow the directive will face disciplinary action, the company said in an email to employees.
- HCL Tech Q3 results better-than-expected; here are 6 major takeaways for Dalal StreetHCL Tech’s consolidated net profit rose 13.5% sequentially to Rs 4,350 crore in the December quarter, and revenue grew nearly 7% to Rs 28,4...
- In Q1, headcount at India’s top IT companies shrinks sharpest over past three yearsSix leading Indian IT services companies that have announced first-quarter earnings recorded the sharpest contraction in headcount in the l...
- Headcount at big 4 Indian IT companies dips in Q1ET had previously reported that Q1 headcount growth for the IT majors is expected to be flat, in line with the numbers reported for the Jan...
- Slowdown transient, TCS & HCL Tech to bounce back on long-term demandThe management commentary by each of the companies reveals that the demand slack is on account of either a delay in decision making by clie...
- HCLTech’s strong deal pipeline affirms a sustained long term momentum amid short term weaknessGiven this, the stocks of the top tier IT exporters are expected to remain under pressure in the short term. The ET Infotech index has lost...
- As attrition drops, Indian IT majors eye higher marginsAttrition rate over the past 12 months has dropped to 17-18% across the sector, say experts.
- HCL Tech profit rises 6.8%; increases revenue guidance to 13.5-14.5%Revenue grew 19.5% on year to Rs 24,686 crore, beating analysts' estimates, on the back of growth in engineering, research & development se...
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