TCS, Infosys & Wipro add over 13,500 employees in FY25
The Indian IT sector, which has been facing a series of challenges in recent years, has finally shown signs of recovery. 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 of employees, driven by a sector-wide hiring slowdown and sluggish revenue growth.
TCS, the largest IT services company in India, has added 6,433 employees to its workforce in FY25, a significant increase from the 1,143 employees it had laid off in the previous fiscal year. The company’s efforts to diversify its services and invest in emerging technologies such as cloud, artificial intelligence, and cybersecurity have paid off, leading to a robust growth in its employee count.
Infosys, another major IT player, has also seen a significant increase in its employee count, adding 6,388 employees in FY25. The company’s efforts to transform its business model and focus on higher-value services such as digital transformation, consulting, and engineering services have contributed to this growth.
Wipro, the third-largest IT services company in India, has also added 732 employees to its workforce in FY25, marking a significant turnaround from the 2,100 employees it had laid off in the previous fiscal year. The company’s strategy to focus on higher-margin services and expand its presence in the US market has paid off, leading to a growth in its employee count.
The addition of over 13,500 employees in FY25 by TCS, Infosys, and Wipro is a welcome sign for the Indian IT sector, which has been facing challenges in recent years. The sector has been grappling with issues such as slowing demand, intense competition, and the impact of the COVID-19 pandemic. The recovery in hiring by the top IT players is a testament to the sector’s resilience and ability to adapt to changing market conditions.
The IT sector’s recovery is also driven by the growing demand for digital transformation services, cloud computing, and artificial intelligence. As more and more companies shift their focus to digital transformation, the demand for IT services such as cloud migration, data analytics, and cybersecurity has increased significantly. This has led to a surge in demand for skilled professionals who can deliver these services.
The addition of employees by TCS, Infosys, and Wipro is also a sign of the sector’s ability to absorb the growing demand for IT services. The companies have been investing heavily in training and upskilling their employees to ensure that they have the right skills to deliver these services. This has enabled them to attract and retain top talent, which is critical for their growth and success.
In conclusion, the addition of over 13,500 employees by TCS, Infosys, and Wipro in FY25 is a welcome sign for the Indian IT sector. The sector’s recovery is driven by the growing demand for digital transformation services, cloud computing, and artificial intelligence, and the sector’s ability to adapt to changing market conditions. As the sector continues to evolve, it will be interesting to see how these companies continue to grow and adapt to the changing market landscape.
