Large IT services companies such as Cognizant, Infosys, TCS and Wipro are looking at reducing their headcount, mostly mid and senior levels
Firms have to move from just scale to building a smaller, more specialised talent pool
Bengaluru, 11 November After Tata Consultancy Services (TCS) introduced a 'National Qualifier Test' for recruiting engineering graduates, Infosys has launched a learning platform, 'InfyTQ', which it is planning to use for campus hiring."Earlier, due to absence of technology, our presence was limited to a certain number of colleges," says UB Pravin Rao, chief operating officer. "The platform was launched around nine months back and the idea is to use the data to hire fresh graduates."According to the information technology services major, all graduates from various engineering colleges are encouraged to register on this platform, where a lot of training material is shared with the students by Infosys. Certifications in various new-age technologies are also available on it, which students will get after clearing the examinations. "Anyone who has cleared our certification will be a strong candidate for us to recruit," Rao said.TCS launched its National Qualifier Test last year and says ..
Cognizant is also exercising tighter control over expenses through a number of measures, including a slower pace of hiring and reduced travel expenses
Analysts say that the challenging phase for the IT sector might now be over; companies could grow on a quarter-on-quarter basis
Lack of onsite opportunities, falling career prospects in IT firms seen as key reasons
Online education companies are seeing an increasing interest from the recruiters for placements from their job fairs and boot camps and others, especially in the digital, Artificial Intelligence (AI) and Machine Learning sectors. Some of the online service providers state that there is more growth in terms of both salary levels and the students getting recruited.With the placement season ongoing, engineering students who are adept in digital skills like AI, data analytics and machine learning are receiving better salaries than those who are only equipped with traditional skills this year, says Great Learning, one of the online learning companies in the country.The company has recently initiated a five-month intensive boot camp for freshers in digital skills, about 60 per cent of their batch has already been placed with an average salary package of Rs 5,60,000 per annum, compared to the Rs 3,50,000 per annum offered in the IT services industry. Several students with prior experience ...
The report said roles like social media administrator, machine learning designer, and IoT designer would be most sought after in the coming years
A report found that the job market in this space was heavily tilted towards job seekers, with twice the number of jobs than available talent
Hiring experts and placement offices said recruiters were increasingly seeking skilled candidates
The Tamil Nadu government has decided to conduct a meeting between the managements of various IT firms and IT employees unions to discuss newspaper reports on the alleged plans of the companies to reduce number of employees in their establishment in the State, according to the employees' organisations.The letter has been issued by the Tamil Nadu Labour Department to the managements of Cognizant, TCS, Wipro, Infosys and IBM along with the industry body Nasscom for discussion, said New Democratic Labour Front (NDLF) - IT Employees Wing leaders in an announcement. The meeting is expected to be held before the Joint Commissioner of Labour, Chennai, on August 28, during when all those who were invited were sought to attend with all the relevant documents "without fail". The discussion will be on the newspaper reports "that the managements of TCS, Wipro, IBM and Infosys Ltd have planned to reduce number of employees in their establishment in Taminadu," said a letter issued by Joint ...
Wipro has created an exclusive crowd-sourcing platform called TopGear
IT employees' associations claim flaws in appraisals and restructuring, cite 'forced resignations'
On May 2, Sikka had announced that the IT giant will hire 10,000 Americans in the next two years
Indians do not steal jobs, but rather create new jobs, said Union IT Minister
RAvi Shankar Prasad denied that there is any downturn in employment in IT sector
Analysts foresee a paradigm shift in job opportunities in the IT sector over the next 5 to 7 years
An interview should be a place where you can decide if the company is right for you: Tech in Asia
Single-digit hikes in the coming financial year, low job mobility plague sector's employees