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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.
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, HCLTechs headcount had shown an increase by 3,674 employees.
The succession plan unfolds amid a broader churn in the C-suites of the $245-billion Indian IT industry that is grappling with weak client demand in the face of inflationary pressures and global macroeconomic uncertainty.
Tech Mahindra: India's IT industry has been grappling with shrinking tech spending as businesses in the U.S. and Europe, from where it draws the bulk of revenue, cut back investments and delayed closing deals amid fears of an economic slowdown.
ET last month reported that Infosys started its fresh appraisal cycle for the current fiscal year, even as employees flagged that they are still awaiting hikes for the previous performance cycle (FY23).