IT campus hires may be at 70% of pre-Covid levels, say analysts

Hit by uncertain macros, tech firms may give drive a wide berth: Analysts

Campus placements by Indian information technology (IT) services firms will be about 70 per cent of what the industry hired in 2018-19 (FY19), say analysts. Human resource (HR) experts say that hiring targets of companies will now go back to pre-pandemic levels after an aberration of demand flux over the past three years.

The announcement by India’s top IT players is already hinting at this trend.

India’s second-largest IT services firm Infosys is yet to divulge its hiring target for 2023-24 (FY24).

Tata Consultancy Services (TCS) has gone back to its pre-Covid hiring numbers and is set to sign up