IT midcaps set to keep hiring momentum going in near term

Midcap IT companies such as Persistent, LTTS, Coforge, and Happiest Minds expect headcount additions across laterals and freshers in the next few quarters after reporting positive revenue growth – although subdued – in the last quarter even as macroeconomic challenges persist.

This is in contrast to large-cap IT firms that have reported weak numbers and are expecting a dip in headcount.