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HCLTECH ADVISORY TO EMPLOYEES
Jobseekers flood market after global tech layoff waveA significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold incr...- Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
- IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...
- IT's revenue per employee up in productivity winIndia's leading IT firms are seeing revenue per employee rise. This indicates a shift towards AI and automation driving productivity. Compa...
- What IT giants Infosys, HCLTech and Cognizant are advising their employees amid LPG crisis?Major Indian IT firms, including Cognizant, Infosys, and HCLTech, have activated plans in response to the commercial LPG shortage triggered...
- Top IT firms add just 17 staff in nine months, hiring nearly freezesIndia's top IT companies saw a dramatic hiring slowdown, adding only 17 net employees in nine months, a stark contrast to last year's 17,76...
- AI’s quiet takeover: Why freshers are missing in IT hiringIndia's top IT firms are significantly reducing fresher hiring, with net additions plummeting from over 50,000 to under 5,000 in the June q...
- IT salary growth: Infosys, Wipro hike median pay by 30% since FY21Indian IT firms like Infosys and Wipro have seen median salary increases of 30% since FY21, while Tech Mahindra's pay remained flat recentl...
- Cos cut down on travel near border, offer WFH to staff amid India-Pakistan escalationAmid escalating tensions with Pakistan, companies are prioritizing employee safety by urging remote work in key cities and border areas. Tr...
- HCLTech declares WFH for Chandigarh, Gurugram, Noida amid rising India-Pakistan tensionsThe decision comes amid heightened security concerns following recent drone and artillery attacks exchanged by the two nuclear-armed neighb...
- From competitors to collaborators: Indian IT companies find opportunity in GCC threatIndian IT giants like Infosys, HCLTech and Wipro are partnering with MNCs to work with their local GCCs, helping them offset revenue losses...
- After cutting onsite jobs IT companies start rebuilding headcount through acquisitionsIndian IT companies are expanding revenue streams and payrolls through acquisitions of smaller firms and engineering services, despite on-y...
- IT companies go startups way, appoint chief growth officersFacing a cautious market and clients tightening their purse strings, IT companies are adopting a strategy from startups and web commerce: c...
- Unpacking K Krithivasan's first year as TCS CEOTCS CEO K Krithivasan completed a year in office this month. His term was marked by an unprecedented slowdown in tech demand. The veteran, ...
- A gruelling IT marathon: FY24 was a turbulent year for the Indian IT sector. What lies in store for the next 12 months?In the past two weeks of the final quarter and full fiscal 2024 earnings announcements, most IT majors failed to meet their revenue growth ...
- IT freshers beware! Non-compete clauses woven into contracts are unenforceable in India, experts sayIndian IT companies are using non-compete clauses in their contracts to deter new hires, but legal experts argue that this tactic is not en...
- Indian techies may be in for a long wait as IT firms defer hikesInfosys and HCLTech have chosen not to implement raises, while Wipro has postponed its announcement to the third quarter. Tech Mahindra has...
- Companies in Gurugram ask staff to work remotelyCompanies in the Haryana city, which houses thousands of factories, including of Maruti Suzuki and Hero MotoCorp, MNCs such as Nestle, Coke...
- IT firms need pricing improvement to ease margin woes: expertsAnalysts see minimum room for improved utilisation and automation to impact the margin growth.
- Top four IT companies add just 1,940 employees in Q3Attrition also drops sharply; experts feel ongoing slowdown in IT hiring to deepen in coming months
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