Hiring by Big Three IT firms up 59% in Q2
India’s top three IT companies — Tata Consultancy Services, Infosys and Wipro — have significantly increased their net employee hiring in the September quarter compared with the previous quarter. The three companies together hired 28,157 employees (net) compared with 16,687 in the first quarter, an increase of 59 per cent.
The increased hiring comes in the backdrop of better business forecast. The hiring, which started to decline from the third quarter of last year, started to gain traction in the first quarter of this fiscal. In the second quarter, it rose further.
Industry leader TCS saw the highest hiring in the September quarter, breaking its own record. The company’s net addition of 14,097 employees was the highest ever in a quarter — breaking the previous record of 12,356 employees set in Q1.