Tuesday, August 26, 2025
spot_img

TCS, Infosys, Wipro, HCLTech Recalibrate Hiring

spot_img
- Advertisement -

India’s four largest IT services firms—Tata Consultancy Services (TCS), Infosys, Wipro, and HCLTech—have collectively reduced their headcount by more than 42,000 employees between 2023 and mid-2025.

The decline reflects a shift in hiring strategies, evolving client demands, and broader economic pressures affecting the global technology sector.

According to company disclosures and industry reports, Wipro recorded the steepest drop, cutting 25,200 jobs since 2023.

Infosys followed with a reduction of 12,506 employees, while TCS trimmed its workforce by 2,249 roles.

HCLTech, in contrast, saw a minimal reduction of 287 positions, maintaining relative stability in its staffing levels.

TCS, Infosys, Wipro, HCLTech: Attrition and Utilization Trends Shape Hiring Decisions

Attrition rates have played a key role in shaping workforce numbers. As of June 2025, Wipro’s attrition rate stood at 15.1%, the highest among the four firms.

Infosys reported 14.4%, while TCS recorded 13.8%, marking a year-on-year increase. HCLTech, however, maintained a flat attrition rate, indicating more stable employee retention.

Executives across these companies have cited skill mismatches, overhiring during the post-pandemic boom, and slower revenue growth as reasons for recalibrating headcount.

TCS CEO K Krithivasan noted plans to cut over 12,000 roles globally, while continuing to invest in “high-quality talent” through targeted hiring and training.

Economic Headwinds and Demand Softening

The headcount reduction comes amid subdued demand from key markets such as the United States and Europe, which account for a significant portion of revenue for Indian IT firms.

Rising interest rates, cautious client spending, and geopolitical uncertainties have led to slower growth and lower discretionary IT budgets.

In FY22, the top IT firms had aggressively hired over 240,000 employees, driven by high attrition and digital transformation needs.

However, as attrition normalized and demand softened, companies began focusing on utilization and productivity rather than expanding their workforce.

Infosys, for instance, increased its utilization rate from 77% to 82%, with further headroom to reach 85%, reducing the need for additional hiring.

TCS also emphasized fresher hiring and lateral hiring recalibration, aiming to optimize its existing talent pool.

TCS, Infosys, Wipro, HCLTech Current Headcount Snapshot

As of June 30, 2025:

  • TCS employed 613,069 people
  • Infosys had 323,788 employees
  • Wipro reported a workforce of 233,232
  • HCLTech maintained 223,151 employees

These figures reflect a strategic shift toward leaner operations, with companies prioritizing cost efficiency, skill alignment, and digital readiness.

Focus on Quality Over Quantity

While headcount reductions may raise concerns about job security, industry analysts suggest that the focus is shifting toward quality hiring, reskilling, and automation-driven productivity.

Companies are expected to continue hiring selectively, especially in areas like AI, cloud computing, and cybersecurity, where demand remains strong.

The long-term outlook for India’s IT sector remains cautiously optimistic, with firms adapting to changing client needs and global trends.

However, workforce strategies will likely remain conservative until demand conditions improve.


Note: We are also on WhatsApp, LinkedIn, and YouTube, to get the latest news updates. Subscribe to our Channels. WhatsApp– Click HereYouTube – Click Here, and 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

Unilever Appoints Ambika Sivadoss as VP HR and Head of Talent, India

Ambika Sivadoss has assumed the position of Vice President...

L&E Ministry Partners with Cygnus Ujala; Boosting Healthcare Jobs

The Ministry of Labour & Employment and Cygnus Ujala...

Why Infosys Chose 9.15 Hours, New Worklife Balance Campaign?

In a compelling conversation hosted on SightsIn Plus, Editor-in-Chief...

RTO Policies of Big Four Firms: Deloitte, KPMG, EY, and PwC

Big Four accounting and consulting firms—Deloitte, KPMG, EY, and...

‘Mind Your Health’: Infosys Flags Overwork in Hybrid Work Era

Infosys, India’s second-largest IT services firm, has issued a...

Johnson Controls appoints Vijay Sankaran as new CTO

Johnson Controls appoints Vijay Sankaran as new Chief Technology...

Govt may announce formulation of policy for toys sector in Budget 2021

Govt may announce formulation of policy for toys sector...

Related Articles

Sahiba Sharma
Sahiba Sharmahttps://sightsinplus.com/
Sahiba Sharma, Senior Editor - Content at SightsIn Plus