Kumari Palany & Co

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IT industry will see 20 per cent less recruitments this year

Posted on: 22/Apr/2016 12:13:47 PM
According to Nasscom IT industry will see 20 per cent less recruitments this year, as major players like TCS and Infosys are focusing on more automation, thus hiring lesser number of people. According to Nasscom chairman CP Gurnani, who is also the chief executive of TechMahindra, the drop in recruitment would not impact the revenue growth which is pegged at 10-11 per cent in the current financial year. TCS had earlier this week announced that it too would be hiring less number of freshers.
 
On the impact of US elections outcome, Gurnani said some of the US senators should answer if they need India more or India needs US more.

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