When the COVID-19 pandemic hit, organisations had to undergo a rapid digital transformation in order to sustain their businesses. This was possible only through good technology support and software capabilities. Due to this, despite facing some challenges in the lockdown imposed nationwide, IT companies recovered quite well with good hiring growth. A Naukri JobSpeak report said that the demand in tech has continued to rise as the sector witnessed a significant 85% Y-O-Y growth in October 2021.
Let’s look at some of the major hirings that took place this year:
Sign up for your weekly dose of what's up in emerging technology.
In July, the company’s chief of global human resources, Milind Lakkad, said that the IT giant would be hiring more than 40,000 freshers from campuses in the country in the financial year 2021-22. It had hired 40,000 graduates from campuses last year as well. He added that lateral hiring would also be robust this year. It will also aim to improve on the number of trainees hired from American campuses last year.
In a recent interview with Moneycontrol, Wipro’s Chief Financial Officer Jatin Dalal said that the company will hire 16,000 to 17,000 freshers in the current financial year as against its previous estimates of 12,000. It had hired 8,100 freshers in the June-September quarter and plans to recruit 40 per cent more freshers than originally planned as the present high rate of attrition can continue for the next few quarters.
Recently, HCL had launched its Amazon Web Services (AWS) Business Unit (AWS BU) to help enterprises globally accelerate their cloud transformation. At the moment, it has more than 10,000 professionals trained on AWS and plans to boost this capacity to more than 20,000 specialists in the future, said the company.
As per media reports, Cognizant said it expects to offer jobs to 45,000 new graduates in India in the fourth quarter for onboarding in 2022. In addition, it has reported a 56.3 per cent rise in September quarter net income at $544 million.
In September, Amazon said it plans to hire more than 8,000 direct jobs across 35 cities this year. These roles will be across corporate, technology, customer service and operations roles. The hiring will occur across 35 cities in the country, like Bengaluru, Hyderabad, Chennai, Amritsar, Ahmedabad, Bhopal, Coimbatore, Jaipur, Kanpur, Ludhiana, Pune, Surat, etc.
Consulting leader EY said at the end of 2020 that it will hire 9000 new hires in India in various technology roles across all member firms, including the global delivery centres, in 2021. These hires will be from the STEM background and in areas including artificial intelligence, machine learning, cyber security, analytics and other emerging technologies. Currently, 36% of all EY India employees are from a STEM background. Through this hiring process, it wants to expand its digital capabilities and help organisations solve their complex end-to-end business transformation challenges.
As per reports, Ola recently said that it plans to hire 10,000 people, as it eyes a leadership position with $2 billion gross merchandise value (GMV) for its vehicle commerce platform Ola Cars over the next 12 months. In addition, the company said that Ola Cars would be operational in 30 cities over the next two months and expand to 100 cities by next year across key areas, including sales and service centres.
At the beginning of the year, PayPal said that it would hire over 1,000 engineers for its India development centres in Bengaluru, Chennai and Hyderabad in 2021. The hirings will occur across software, product development, data science, risk analytics, and business analytics streams at entry, mid-level and senior roles.