Friday, 24 March, 2023

Country's top 5 IT firms added fewer people in FY20

<p>The top five ITes firms - TCS, Infosys, HCL Tech, Wipro and Tech Mahindra together added &nbsp;66,500 employees in FY20, against 87,060 in FY19. Automation of the mundane task and slower business growth resulted in a 25% drop in hiring. Due to COVID-19, they have also suspended new hiring but promised to honour job offers already made. HCL Tech, as an exception, will hire 15,000 freshers. Together they employ around 1.14mn of country&#39;s 4.3mn tech workforce.</p>