Following a significant workforce decline in FY24, TCS, Infosys, and Wipro collectively added 13,553 employees in FY25, indicating a robust recovery.
Despite weak demand and global economic uncertainties, the Indian IT sector is becoming more optimistic, as evidenced by this increase in hiring.
Defeating TCS, Wipro, Infosys Leads Wage Hike Trends
In terms of pay increases, India’s second-largest IT firm, Infosys has taken the lead and established a positive trend for FY26.
Together, these three businesses laid off 63,759 employees in FY24 as a result of slow revenue growth and global economic challenges.
A calculated move to stabilize the workforce and prepare for future growth is highlighted by the hiring rebound in FY25.
With 6,433 new hires, TCS led the hiring effort, whereas, Infosys, with 6,388 new hires, came in second.
As per reports, Wipro increased its workforce by 732 employees in a more cautious move. TCS added 625 workers, Infosys added 199, and Wipro added 614 in the March quarter alone.
A significant portion of this hiring drive was driven by recent graduates.
TCS plans to match or marginally surpass the 42,000 trainees it reported onboarding in FY25.
Infosys aims to hire over 20,000 freshers in FY26 after meeting its FY25 fresher target of 15,000–20,000.
Although FY26 numbers have not yet been released, Wipro is anticipated to continue hiring new employees at its current rate.
In an effort to improve employee retention and satisfaction, Infosys began raising wages in January and continued to do so starting on April 1.
Infosys Terminates Contracts, TCS Defers Wage Hikes
We recently reported that Infosys has terminated the contracts of 240 entry-level trainees after they failed to clear internal training assessments, according to emails reviewed by Moneycontrol. The move comes as the company navigates slow growth and tight market conditions in the tech sector.
Additionally, Tata Consultancy Services (TCS), India’s leading IT giant, also decided to defer its scheduled annual wage hikes that typically begin in April. Company executives cited macroeconomic uncertainty and rising concerns over the evolving US tariff landscape as primary reasons. Milind Lakkad, the outgoing Chief Human Resources Officer, mentioned that the decision would be reviewed later in the financial year once the situation stabilizes.
