 "hiring")
With a possibility of a recession in the United States of America (USA) and a slowdown in Europe, the IT companies in India have reportedly cut down their hiring. According to a report by Times of India (TOI), Infosys, TCS, HCL and Wipro hired just 28,736 people in the second quarter of the current financial year (Q2FY23). It is nearly half of the hirings in the same quarter in FY22.
Several CEOs have said that companies need to be cautious amid macroeconomic uncertainties. Wipro, according to TOI, added just 605 people in Q2FY23.
Some freshers, that were hired earlier in
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