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Tech hiring: Jobs aplenty? Know what the top IT services companies are eyeing

Tech hiring numbers have seen some improvements in March vis a vis January, but there are a number of issues that IT services companies are facing.

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India IT services companies heighten candidate scrutiny, take longer to close mandates

The mandate fulfilment or conversion rate in India s IT services sector has dropped to an all-time rate, marking a significant decline from pre-pandemic levels in FY20. While demand is rebounding, particularly for specialized fields like Artificial Intelligence and cybersecurity, the hiring process has become more rigorous, leading to prolonged recruitment timelines. IT services hiring likely to stay muted till September.

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it services hiring: IT services hiring shows signs of traction, intent up 10% in January

The uptick in IT hiring comes after the macroeconomic slump in 2023 led to a massive headcount correction last year. However, experts caution that current requirements are only filling vacant roles not replaced over the past few quarters and that the numbers are still small.

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This Is Why Infosys, HCL, TCS, Wipro, Tech M Have Reduced Hiring: There Ain t Much Projects & Budgets - Trak in

This Is Why Infosys, HCL, TCS, Wipro, Tech M Have Reduced Hiring: There Ain t Much Projects & Budgets - Trak in
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