Joining delayed? Blame sudden global slowdown, overhiring in FY22

Industry analysts add companies hired in a big way in FY21. With a sudden global slowdown they will go slow and it is evident in the hiring targets for FY22

V Prasad (name changed) is a B Tech from Karnal in Andhra Pradesh.

A student of Jawaharlal Nehru Technological University, Anantapur, he was picked by Wipro and received an offer letter from the company in January this year, with a tentative joining date of June-July. But he is still waiting to hear from the company.

“My worry is the loan I have to repay and the instalments will begin from December-January … From our university there are some 200 students picked by Wipro. All of us are in the same situation,” he told Business Standard.

The university could not be