3 Indian IT majors hire 20k employees in Q4
Date: 27-Apr-2010
New Delhi: With improving business conditions pushing their hiring
plans, IT majors Infosys, TCS and Wipro hired over 20,000 employees in
the January-March quarter. According to human resources experts, IT and
IT-enabled services are expected to see a huge jump in hiring this year
and major companies in the sector have already set the pace, reports
PTI.
The three IT companies put together have made net
additions of 20,014 employees (taking into account attrition) in the
January-March quarter. IT major Tata Consultancy Services took on board a
net 10,775 employees in the last quarter of 2009-10 fiscal. TCS' total
employee strength has soared to 1,60,429 at the end of the last fiscal.
The hiring momentum picked up from the third quarter of the last fiscal,
when TCS had made 7,692 net additions, compared with just 320
recruitments in the previous quarter.
IT giant Infosys hired as
many as 9,313 employees in the quarter, but the net addition after
taking into account attrition was 3,914, according to the company's
financial statement for the period. The hiring increased the total
workforce of the company and its subsidiaries to 1,13,796 employees at
the end of March this year.
Another Besides, Wipro made net
additions of 5,325 employees in the Q4 FY10, taking its total strength
to 1,08,071. According to a recent survey by staffing firm TeamLease,
Indian companies are increasingly upbeat about their hiring plans across
almost all sectors in April-June period this year, led by an improving
business outlook. HR experts predict companies in the IT and ITes sector
would hire 1,50,000 professionals in the fiscal year 2011.
Posted By : Ramesh Mishra
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