Major IT firms predicted to reduce fresher hires by 30% in FY24; onboarding delays continue

  • IT firms such as TCS, Infosys, and Wipro plan to reduce hiring of freshers due to weak deals and US recession fears.
  • Many new hires face onboarding delays or have their offers revoked, causing uncertainty in the tech job market.
  • Industry veterans suggest onboarding freshers and retaining them to uphold the industry’s attractiveness and ensure future growth.
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