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Great news for techies, Infosys and TCS are hiring, recruitment jumps by whopping 350 per cent

Apr 24, 2019, 12:26 PM IST
GPlus

In some excellent news for techies in India, two of the biggest software companies have been on a hiring spree in the fiscal. The major ones, Infosys and TCS have taken on thousands on their rolls. This is very welcome as it comes amid a slowdown in job growth across sectors. IT services major Tata Consultancy Services (TCS) and Infosys hired about 42,000 more techies in the recently concluded fiscal 2018-19 than it did in the previous fiscal, registering a growth of over 350 per cent in new hiring, a media report said.

 

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Infosys Hiring

Infosys Hiring

Bengaluru-based Infosys added 24,016 software professionals. This was reported by Fortune magazine this week. (Representative  image: Reuters)

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TCS Hiring

TCS Hiring

Tata group company TCS, which is based in Mumbai,  hired 29,287 employees in the financial year ending on March 31. (Representative  image: Pixabay)

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Infosys and TCS Hiring Total

Infosys and TCS Hiring Total

So together these two companies added 53,303 employees in the 2018-19 financial year, while they hired just about 11,500 employees in the 2017-2018 financial year.  (Representative  image: Pixabay)

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Hiring Momentum Strong

Hiring Momentum Strong

TCS hired 7,775 employees, while Infosys added 3,743 employees in FY18, the Fortune report said, suggesting that the momentum of hiring in the $167-billion Indian software services industry has started picking up. (Representative  image: Pixabay)

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Professionals in Demand

Professionals in Demand

In 2019, IT firms are likely to hire professionals with expertise in data science, data analysis, solution architects, product management, digital marketing, Machine Learning and Artificial Intelligence (AI), Blockchain and cyber security, according to experts. (Representative  image: Pixabay)

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Hiring by Indian IT: Outlook

Hiring by Indian IT: Outlook

The Indian IT industry is expected to add around 2.5 lakh new jobs this year, according to a TeamLease Services report. (Representative  image: Pixabay)

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Emphasis on Re-Skilling

Emphasis on Re-Skilling

"Investments in IT re-skilling will increase by around 20% in 2019," said the report on "IT hiring projections for 2019". (Representative  image: Pixabay)

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