TCS, Infosys & Wipro add over 13,500 employees in FY25
The Indian IT sector, which had witnessed a decline in hiring numbers in the previous fiscal year, has shown a significant recovery in the current financial year. According to the latest reports, Indian IT giants Tata Consultancy Services (TCS), Infosys, and Wipro have together added approximately 13,553 employees in FY25. This marks a significant turnaround from last year’s reduction in employees, driven by a sector-wide hiring slowdown and sluggish revenue growth.
TCS, India’s largest IT services company, has added 6,433 employees in FY25, a significant increase from the 2,924 employees it had let go of in the previous fiscal year. Infosys, the second-largest IT services company, has added 6,388 employees in FY25, a notable increase from the 1,784 employees it had laid off in the previous fiscal year. Wipro, the third-largest IT services company, has seen its headcount go up by 732 in FY25, a modest increase compared to the 1,441 employees it had reduced in the previous fiscal year.
The hiring numbers from these three Indian IT giants are a welcome sign for the sector, which had witnessed a slowdown in hiring in the previous fiscal year due to various factors such as automation, artificial intelligence, and clients’ cost-cutting measures. The sector-wide hiring slowdown was also attributed to the companies’ focus on improving their profitability and reducing their dependence on low-value tasks.
However, the current fiscal year has seen a significant turnaround in the hiring numbers of these three Indian IT giants. TCS, Infosys, and Wipro have all reported strong revenue growth and profitability in FY25, which has enabled them to increase their hiring numbers.
TCS, which has reported a revenue growth of 14.1% in FY25, has seen its employee strength increase by 6.4% during the same period. The company’s CEO, Rajesh Gopinathan, has attributed the company’s strong revenue growth to its focus on digital transformation, cloud, and artificial intelligence.
Infosys, which has reported a revenue growth of 14.4% in FY25, has seen its employee strength increase by 6.3% during the same period. The company’s CEO, Salil Parekh, has attributed the company’s strong revenue growth to its focus on digital transformation, cloud, and artificial intelligence, as well as its efforts to improve its profitability.
Wipro, which has reported a revenue growth of 12.5% in FY25, has seen its employee strength increase by 2.8% during the same period. The company’s CEO, Thierry Delaporte, has attributed the company’s strong revenue growth to its focus on digital transformation, cloud, and artificial intelligence, as well as its efforts to improve its profitability.
The strong revenue growth and profitability of these three Indian IT giants are a testament to the growing demand for their services from clients across the world. The demand for their services is driven by the increasing adoption of digital technologies such as cloud, artificial intelligence, and the Internet of Things (IoT) by clients across various industries.
In conclusion, the hiring numbers of TCS, Infosys, and Wipro in FY25 are a welcome sign for the Indian IT sector, which had witnessed a decline in hiring numbers in the previous fiscal year. The sector’s strong revenue growth and profitability in FY25 have enabled these three Indian IT giants to increase their hiring numbers, driven by the growing demand for their services from clients across the world.
