TCS, Infosys increase hiring by 350 per cent in FY19

BENGALURU: Amid a slowdown in job growth across sectors, IT services major Tata Consultancy ServicesNSE 0.90 % (TCS) and InfosysNSE 0.62 % hired about 42,000 more techies in the recently concluded fiscal 2018-19 than it did in the previous fiscal, registering a growth of over 350 per cent in new hiring, a media report said.

While Mumbai-headquartered TCS hired 29,287 employees in the financial year ending on March 31, Bengaluru-based Infosys added 24,016 software professionals, Fortune reported this week.