India’s third largest IT services company HCLTech is all set to onboard over 10,000 freshers

Shivani Arora

HCLTech to add over 10,000 freshers in FY25. It added around 12,141 freshers in FY24.India’s third largest IT services company HCLTech is all set to onboard over 10,000 freshers in the fiscal year 2025, coming at a time when many of its peers are avoiding sharing campus hiring targets amid an uncertain demand environment.

Speaking at the company’s fourth-quarter earnings conference, Ramachandran Sundararajan, chief people officer said, “For FY25, our go in position is about 10,000. So the off-campus cycle we did in the last quarter, we have more than 10% of the plan coming from that. From the campus cycle for this quarter, we have already released the offers which covers another 15 percent of that plan, and the next cycle too is on.”
HCLTech had also bucked the larger IT industry-wide trend on both sequential and full-year net addition numbers. It added 2,725 employees in the fourth quarter ended March 31.

Net fresher addition in Q4 stood at 3,096 freshers. For the full year, HCLTech added 12,141 freshers.

HCLTech’s attrition in the last 12-month (LTM) basis for Q4 stood at 12.4 percent compared to the 12.8 percent reported last quarter. This is the lowest attrition for the company since the COVID-19 quarter in 2021.

Peers like Tata Consultancy Services (TCS) are expecting to add around 40,000 freshers in FY25, while Tech Mahindra said it will add about 6,000 freshers.

About HCLTech

HCL Technologies Ltd (HCL) is a provider of software and IT infrastructure services. The company offers a diverse range of solutions in IT infrastructure management services, digital process operations, cloud-native services, cybersecurity services, digital and analytics services, DRYiCE, IoT works, HCL software services, SIAM/XaaS products & advanced services, industry software services, and engineering and R&D services.

HCL offers its services to financial services, manufacturing, telecom, retail and consumer packaged goods services, media and entertainment, life sciences, insurance services, capital markets services, banking services, mining, and natural resources. It also serves the oil and gas, aerospace and defense, automotive, chemical and process industries, hi-tech, industrial manufacturing, energy and utility, healthcare, travel, transport, hospitality, and logistics sectors. The company operates global offshore infrastructure and a network of offices across the Americas, Asia-Pacific, the Middle East, Africa, and Europe. HCL is headquartered in Noida, Uttar Pradesh, India.

Share This Article
I am Shivani Arora, a media student who is working as a freelancer Content Writer, news writer and social media handler with different agencies. I am a post graduate student who is self motivated and a hardworking person. My main aim is to excel in my career by learning and exploring new things.
Leave a comment