Synopsis
Specialist staffing firm Xpheno data shows the IT sector collectively had a sub-70,000 intake of entry level talent over the last fiscal ending March 2024, its lowest fresher intake year over two decades. TCS reiterated its ambitious target of hiring 40,000 freshers this year. While Infosys did not share fresher additions, its net headcount declined by 1,908 employees.
After a lull of more than a year, fresher hiring by Indian software exporters is likely to pick up. Leaders in the $250-billion industry expect jobs to be added toward the latter half of the year, with the top four on the leaderboard – including Tata Consultancy Services (TCS) and Infosys – indicating adding 82,000 freshers in FY25.“Fresher hiring trends in FY25 show GCCs (global capability centres) maintaining robust recruitment efforts, driven
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