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FY25 discretionary spending environment will be similar to FY24: HCLTech CEO

Discretionary spending is expected to increase in the coming quarters, especially around data, as customers focus on generative AI proof of concept projects, says CEO C Vijayakumar. ....

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HCLTech plans to hire 10,000 freshers this year, says CEO C Vijayakumar

HCLTech CEO and MD C Vijayakumar said that the lateral hiring would depend on how the year pans out for the company. HCLTech had added over 2,700 employees in the March quarter. ....

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HCL Tech remains an IT outlier. But CEO remains cautious of macro pressures

HCL Technologies topped revenue, headcount growth of IT services top four in FY24.Despite optimism, a guidance of 3-5% revenue growth in FY25 has raised some concern.C. Vijayakumar, MD and CEO of HCL Technologies, says profitability will be maintained in FY25 ....

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Top 5 Indian IT services companies saw a decline of 69,167 employees in FY24

Four out of the five top IT companies including TCS, Infosys, Wipro and Tech Mahindra lost employees both sequentially in Q4 and full year FY24. HCLTech bucked the trend. ....

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HCLTech bucks trend again, headcount rises by 2,725 employees, ET Telecom

For the full year as well, Noida-headquartered HCLTech added 1,537 employees from overall headcount of 225,944 in March end 2023. Similarly in FY23, HCLTech’s headcount had shown an increase by 3,674 employees. ....

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