fresher hiring targets for fiscal 2026, buoyed by signs of a revival in technology spending.
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The country's top six IT companies plan to onboard around 82,000 freshers between them in the year starting April 2025 despite their slower hiring trend this fiscal year. The FY25 target was similar but the actual hiring is likely to end lower, most firms said. In Q3, the collective workforce declined by 225 employees in the third quarter ended December after employee additions in the second quarter after a lull of seven quarters.
The $254-billion Indian IT industry had shed a record more than 70,000 employees in FY24 as their clients cut tech spends amid a global slowdown.
For FY26, bellwether Tata Consultancy Services (TCS) will target to hire much more than a «regular year» to recruit over 40,000 freshers from campus. Its closest rival Infosys is on track with its fresher hiring target at 15,000-plus for FY25, and expects to see this above 20,000 next year.
Wipro, which will fall short of its hiring commitment of 10,000 freshers in FY25, said it will recruit 10,000-12,000 freshers in the upcoming year.
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