IT hiring may drop by 20% this year: Nasscom

Posted on 22nd Apr 2016 | 1029 views

4 avg. rating (80% score) - 1 votes

IT industry body NAASCOM predicted that 2016-17 will see drop in hiring percentage .Major IT giants like TCS and Infosys are focusing on more automation, thus hiring lesser number of people. NAASCOM chairman mentioned that the drop in recruitment would not impact the revenue growth which is pegged at 10-11 per cent in the current financial year.

IT hiring may drop by 20% this year: Nasscom

Top five software exporters TCS, Infosys, Wipro, HCL and Cognizant added 24 percent fewer employees due to automation drive. "I think you will see recruitments slowing down compared to last year. I think it will be like 15-20 per cent relatively lesser in headcounts. But it will not impact the revenues. Said NAASCOM chairman.

0 Comments on IT hiring may drop by 20% this year: Nasscom

Comment as a guest:


What is Appointment letter Format?

26th Jun 2018

Top 10 facts why you need a cover letter?

08th Jun 2018

Are you looking for a job in Event Management?

28th May 2018

Pharmaceutical job opportunities on rise in Gulf

23rd May 2018

MNC Vs Startup: Are you Confused to Choose between?

09th Aug 2017

Perspectives of Unemployment in India

01st Jul 2013

Have your Say!

View All

How consistently does your organization reward you for good work?

Very difficult

Reasonably consistently

Not at all consistently


Press Corner

View All

All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd Protection Status