Wednesday, October 22, 2025
spot_img

HCLTech hires more than Infosys, TCS in Q3

spot_img
- Advertisement -

An Indian multinational information technology services and consulting company, HCLTech announced its Q3 FY’23 results on January 12, 2023.

HCLTech partnered with Purdue Global for providing upskilling and higher education opportunities for its apprentices and the company’s employees in the Americas. The company launched a new skilling & certification initiative to meet the career development aspirations of its employees.

Roshni Nadar Malhotra Chairperson HCLTech, “We are committed to bringing together the best of technology and our people to supercharge progress for clients in their digital transformation journeys. And we continue to execute our strategy by aligning to the highest standards of governance and transparency.”

The company has increased investments in enabling upskilling resulting in 3 Mn hours of learning during the quarter with a focus on digital skills.

The company’s third-quarter net addition was 2,945 during the third quarter. The closing headcount was 222,270. The company added 5,892 freshers during this quarter.

The LTM Attrition was 21.7% which was slightly lower as compared to the September quarter of the fiscal year where it was at 23.8 percent. Women’s workforce contribute is 29.2% of the total workforce.

TCS

The company said that it will be hiring 1.25 lakh to 1.5 lakh employees in the financial year 2023-24 (FY24).

Since the company posted a decline of 2,197 people in its employee base, TCS headcount stood at 613,974 as on December 31, 2022.

The company also clarified that none of these headcount reductions are influenced by the demand environment, and were simply a result of mass hiring. 

TCS has reported attrition in Q3FY23 stood at 21.3 percent, a slight decline from 21.5 percent in Q2FY23 on a last-twelve-month basis.

Infosys

Infosys’ total employee count stood at 3,46,845 in Q3FY23 a net addition of 1,627 employees compared to 3,45,218 employees in Q2 of FY23.

In the Q3FY22 quarter Infosys, the headcount stood at 2,92,067 employees.

The current attrition rate in Q3FY23 stood at 24.3% down from 27.1% in the September 2022 quarter. During the June 2022 quarter, the attrition rate was 28.4%.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

ESI extends coverage for casual and contractual workers

ESI extends coverage for casual and contractual employees of...

Atlassian to recruit 300 R&D engineers in India over the next year

Atlassian to recruit 300 R&D engineers in India over...

IBM India is hiring entry-level & experienced people including HR

IT and Technology giant, IBM India is hiring across the country...

Marriott International partners with meQuilibrium

Marriott International partners with meQuilibrium to support Employee Emotional...

Goldman Sachs announces 20-days paid leave in case of a miscarriage

The American Investment Bank Goldman Sachs has announced new...

ISRO Offers Apprenticeship for FY 2025–26, Deadline – April 21

ISRO Telemetry, Tracking and Command Network (ISTRAC) has announced...

Nissan Crisis Deepens: 20,000 Employees Face Job Cuts

Nissan Motor Co. has announced a significant workforce reduction,...

Aditya Birla Group in India is hiring for various jobs; Check Details

An Indian multinational conglomerate, Aditya Birla Group is hiring for various...

Related Articles

Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.