This shift was evident within the newest earnings for the October–December quarter for the highest IT companies corporations. Whilst AI dominated consumer conversations and deal pipelines, hiring throughout India’s prime IT companies remained muted.
Shrinking headcount
On the finish of Q3 FY26, TCS reported a worldwide headcount of 582,163, down by over 11,000 staff sequentially and sharply decrease than its Q1 degree of 613,069. Tech Mahindra additionally reported a decline, with headcount falling to 149,616 in Q3 from 152,714 within the earlier quarter. HCLTech reported a marginal sequential dip of 0.1% to 226,379 staff.
Infosys appeared as an outlier, growing headcount to 337,034 in Q3 from 331,991 within the earlier quarter, including practically 5,000 software program professionals. This, nonetheless, was nonetheless far decrease than the worker development the corporate registered within the earlier quarter, indicating a battle to draw the related expertise akin to its friends.
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