Wednesday, October 22, 2025
spot_img

IT companies slow hiring: 3,000 engrs queue up outside company

spot_img
- Advertisement -

Amid the global uncertainties and layoffs, IT and tech companies are either skipping or rethinking college campus hiring. The bulk recruiters are facing a weak demand environment and an excess freshers’ bench.

Recently, Infosys Chief Financial Officer Nilanjan Roy said, “We continue to monitor the utilization and our flexi hiring model and at this stage of course we’re not seeing any immediate campus requirement.”

In the previous Quarter, the company said that it would skip campus hiring this year as it has a ‘way to go’ on utilization. However, it is monitoring the situation every quarter.

Headcount Drop in Q3FY24

Tech Mahindra reported a drop of 4,354 employees, the total headcount stood at 146,250. If you look at the Drop-in Headcounts in its peer companies Like TCS, Infosys, Wipro and HCLTech below is the data.

CompanyQ1FY24Q2FY24Q3FY24
TCS6,15,3186,08,9856,03,305
Infosys3,36,2943,28,7643,22,663
Wipro2,49,7582,44,7072,40,234
HCL Tech2,23,4382,21,1392,24,756

As per above data, IT market, and the hiring in IT companies have dropped.

Recently, a viral video claimed that a walk-in drive for the position of junior developer at an IT firm from Pune’s IT hub, Hinjawadi where nearly 3,000 engineers were seen outside a company seeking opportunities for interviews and jobs. Reportedly, for the interview, nearly 2,900 resumes were submitted.

A video was shared on social media platform X (formally Twitter), “How bad is the job market! 3000 people lined up outside an IT company in Hinjewadi, Pune for a walk-in drive to hire a junior developer.”

The user also said, “Yes – it used to happen 20 years ago. Yes – it used to happen 10 years ago. Yes – it is happening in 2024. It is sad. Not talking about the grim reality of millions of unemployed graduates is misleading. The video isn’t. The article isn’t. My text isn’t.”

The post has been viral and now and one user said, “Please understand the walking interview process of IT service-based companies before commenting on anything. In my time, for one such interview, I went for the interview at 6 AM, and my turn came at 8 PM. Don’t mislead people when you don’t know.”

Note: We are also on WhatsApp, LinkedIn, and YouTube, to get the latest news updates, Join our Channels. WhatsApp– Click hereto subscribe to YouTube – Click Here, and for LinkedIn– Click Here.

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

EPFO Membership Grows by 14.63 Lakh in November 2024

Employees' Provident Fund Organisation (EPFO) has released provisional payroll...

Air India recruited 5,700+ people in FY24, with 3,800+ flying crew

According to PTI report, Air India hired over 5,700...

Hiring Trends in the IT Industry for 2024, V-Shaped Recovery Soon

According to recent Q2FY24 results announced by India’s top...

Dalmia Biz appoints Nitin Khindria as CHRO

A Dalmia group company, Dalmia Biz has announced the appointment...

Government Launches SHe-Box Portal; Digital Shield for Women

The Ministry of Women and Child Development, under the...

Delhivery appoints Pooja Gupta as Chief People Officer

Delhivery appoints Pooja Gupta as Chief People Officer Delhivery, a...

Wipro is hiring for various roles, Interns, Graduates, MT & HR; Apply

An Indian multinational corporation, Wipro is hiring for various...

Virtual Internship: AI – ML – DATA SCIENCE – JAVA, Apply by Oct 7

AICTE and ROBOKWIK.COM have announced a nationwide virtual internship...

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.