From TCS to Infosys, top four IT firms double net staff addition in Q2

Staff addition has jumped this year at Indian information technology (IT) service majors. The financial year’s first quarter (April-June or Q1) saw a net addition of 16,500 (after accounting for the number who resigned) at the top four — Tata Consultancy Services (TCS), Infosys, Wipro and HCL. In the September quarter (Q2), this doubled to 32,502.  In sum, the first half of 2018-19 has seen these four add twice as many staffers on a net basis than in all of 2017-18. If this rate continues, net addition at these companies in FY19 will be at least three times higher than i.....

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