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2024

IT hiring slump: Indian IT firms experience drop in average training hours

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IT jobs: Training hours at Infosys, Wipro, and Tech Mahindra dropped in FY24 due to fewer freshers and just-in-time hiring, e.g., Infosys down to 74.6. TCS doubled to 87. Richard Lobo anticipates future upskilling. Cost optimization prioritizes billable hours. Despite the 2021 pandemic, the industry grew. Inquiries to TCS, Infosys, Wipro, and HCL went unanswered during the quiet period.