India’s Big Four Outsourcers Embrace AI Amidst Hiring Slowdown
India’s premier tech firms—HCL, Infosys, TCS, and Wipro—are experiencing a significant shift as they turn to artificial intelligence (AI), affecting hiring trends across the board.
Key Highlights:
- Solid Financials:
- HCL: $3.8 billion (up 7.4% YoY)
- Infosys: $5.1 billion (up 1.7% YoY)
- TCS: $7.5 billion (up 3% YoY)
- Wipro: $2.6 billion (up 5.5% YoY)
- Hiring Trends:
- Wipro added 6,500 jobs; Infosys, 5,000—far below past norms.
- TCS and HCL reported decreases of 11,000 and 261, respectively.
- AI Adoption:
- All four execs highlighted AI’s role in streamlining operations and client services.
- Infosys has launched AI-driven Global Capability Centers to enhance operational efficiency.
This new focus on AI signals growing demand for tech-savvy talent.
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