Infosys to hire 35,000 fresh engineering graduates this year

BENGALURU: Infosys will hire about 35,000 engineering graduates from colleges globally this year. IT companies are drawing up robust hiring plans for the second year on a trot, as digital deals continue to flow in and customer projects are ramped up. TCS said last week it plans to hire more than 40,000 from campuses this year.

“As the demand for digital talent explodes, rising attrition in the industry poses a near-term challenge. We plan to meet this demand by expanding our hiring programme of college graduates,” said Infosys COO Pravin Rao.

Infosys’s voluntary attrition, calculated this time on an LTM (last 12 months) basis, rather than being quarterly annualised, rose sequentially to 13.9% in the first quarter,