Highlights

  • IT majors defer onboarding of about 10,000 freshers, no definite joining dates given
  • Combined headcount of TCS, Infosys, and Wipro dropped by nearly 64,000 in FY23

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Infosys, Wipro, TCS delay onboarding of 10,000 freshers: Report

Around 10,000 freshers face indefinite onboarding delays from IT giants TCS, Infosys, and Wipro, amid a significant headcount reduction. Uncertainty in the macro environment and lack of project visibility contribute to the delays

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      About 10,000 freshers are hanging by a thread, as IT majors including Wipro, TCS and Infosys have deferred the onboarding process. As per Times of India, the hired freshers are not given a definite joining date.

      Onboarding deferred

      The Times of India report quoted, Nascent Information Technology Employees Senate President, Harpreet Singh Saluja and said that complaints were received from candidates who were offered positions at companies like TCS, Infosys, Wipro, Zensar and LTIMindtree.

      Meanwhile, the combined headcount of TCS, Infosys, and Wipro dropped by nearly 64,000 in the financial year ended in March.

      As per Times of India, Infosys informed these candidates, that the date of joining will be informed based on business requirement and it will be provided 3-4 weeks prior. Meanwhile in FY24 Infosys hired only 11,900 campus recruits- a decrease of 76% compared to 50,000 freshers that the company hired in the previous year.

      Wipro on the other hand has not yet fulfilled the campus offers it made two years ago.

      “The year before last, we went to campus and made many offers. We are yet to honour those. We will finish those offers and then hire new freshers. We will induct freshers this year, but we cannot give a number as the macro environment is uncertain”, Wipro CHRO Saurabh Govil said earlier.

      Times of India quoted Krishna Vij, business head of IT staffing at Team lease and said that around 3-5% of freshers hired by the top IT services companies in 2022 are yet to be onboarded. The delay could be due to lack of project visibility, and employers focus on the required skill sets and job readiness of the candidates, he added.

      Also watch: Paytm to cut jobs in restructuring efforts; offers outplacement support and bonuses for laid off staff

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