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HIRING TRENDS IN IT SERVICES
Andreessen Horowitz lays off majority of portfolio recruiting teamIn a surprising operational pivot, Andreessen Horowitz, a leading venture capital player in Silicon Valley, has downsized its recruiting te...
12,700 tech professional return from US in 9 monthsThe data sourced from staffing firm Xpheno shows that the numbers have been steadily going up, from 7,200 in 2023 and 9,800 in 2024. The fi...
Airbus forecasts huge hiring gap as aviation services market expandsAirbus projects a need for 2.44 million personnel in aviation, including pilots and maintenance staff. This forecast highlights challenges ...
AI skills redraw entry-level jobs map as IT-BPM fresher hiring reboundsCompanies are moving beyond bulk recruitment and willing to pay a premium for AI-native talent as routine work gives way to specialised rol...
Nifty IT surges 5.2% to log biggest single-day gain in 17 monthsIndian IT stocks experienced a significant increase following HCL Technologies' strong earnings report for the September quarter. The Nifty...
HCLTech's Q2 net profit up 21% to Rs 5,132 crore; revenue climbs 11%The strong numbers guided India's third largest software services company to raise the lower end of the revenue forecast for the full year ...
AI services may account for almost half of Infosys' work in 2-3 years: CEO Salil ParekhParekh said the business, which includes building AI agents, coding work and modernising old technology for clients, is small relative to t...
Wipro sees no material business impact from US suspension of new PERM applicationsWipro has stated that it will not face considerable impacts from the US Department of Labor’s recent announcement. The company highlighted ...
TCS dividend alert! Last day to buy IT major's shares for Rs 12 dividendThe company last week declared the interim dividend, along with the Q2 results that kickstarted the September quarter earnings season for t...
AI revenue should offset traditional services deflation: TCS CEO K KrithivasanDue to the continuing pressure on companies amid geopolitical strife, TCS is assuming client budgets will not rise. It is, however, banking...
TCS to hire 80 pc of workforce with digital, AI skills; AI work to expand profitabilityTCS expects about 80% of its new hires to have digital and AI-related skills as the company shifts towards more AI-led work. With AI-linked...
Why has the US targeted Microsoft, TCS, Wipro over green cardsThe move is part of the US government's wider crackdown on immigration and foreign workers. The administration has said it wants companies ...
India IT set for fourth year of weak growth on geopolitics, AI risksAs HCL Technologies Ltd. and Tech Mahindra Ltd. unveil their latest reports, investors are keenly observing the situation, particularly giv...
US jobless claims hover near 57-year low for fourth consecutive weekIn a recent report, weekly unemployment claims saw a slight drop of 2,000, totaling 197,000, which suggests some stability within the job m...
IT Q2 preview: Muted growth, steady margins likely; deal conversion, AI deflation in focusResearch advisory UnearthInsight expects the top-five IT companies to grow 0.5-1% quarter-on-quarter in the second quarter of FY27, with li...
IT Q2 review: Muted growth, steady margins likely; deal conversion, AI deflation in focusIndia's leading IT firms are projected to exhibit modest revenue growth and stable margins for the second quarter. Analysts anticipate that...
AI breaks India’s linear growth model, but campus hiring remains weak: Nasscom’s Rajesh NambiarNambiar said large IT and BPM companies have cut back on campus hiring over the last three years, which is not expected to change while the...
India's white-collar hiring rises 2% in September as AI/ML jobs hit record growth: NaukriIndia’s white-collar hiring grew 2% year-on-year in September, with the Naukri JobSpeak Index rising to 3,053 from 3,002 a year earlier. AI...
AI/ML hiring jumps 20% as white-collar job market stays steady in September: ReportHiring for artificial intelligence and machine learning roles experienced a 20 percent increase year-on-year in September. Overall white-co...
IT firms reboot fresher hiring, but experienced pros hold upper handFresher hiring, which fell to a record low of around 110,000 in FY26, will reach 115,000 to 135,000 this fiscal year, according to recruitm...