Noida-based Information Technology company HCL Tech will hire about 12,000 fresher employees for the financial Year 2022 as the IT behemoth is looking at a robust deal pipeline with demand recovering, said VV Apparao, Chief Human Resources Officer, HCL Tech.  The company reported to the media that  “We are now doing a bottom-up exercise in terms of the amount of fresher intake that we have to do for next year. We are going through that review process. I think it would take a month before we can finalise that. But it would not be less than what it is this year. We will maintain the 10,000 to 12,000 employees for next year as well,” he said. Thus far, the company has on-boarded 3,000 new employees (freshers), and expects another 9,000 to join in the next two quarters.

HCL Tech's hiring cycle is from January to May. The company could not finish student hiring before May as the pandemic hit and universities closed. Some IT companies had suspended lateral hiring and deferred fresher on-boarding in first quarter financial year 2021 due to the uncertainty over the pandemic. This resulted in a net decline in headcount of IT companies to 9,000 in the first quarter FY.  However, starting second quarter FY21, companies have seen demand returning to pre-COVID-19 levels, with deal pipelines reflecting the same. The peer counterparts, Tata Consultancy Services inked deals worth USD8.6 billion in second quarter and Infosys worth usd 3.15 billion, its highest deals in a quarter.

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