Hello and welcome to my blog! Today, we will be discussing the recent announcement made by HCLTech CEO and MD Vijayakumar C that the company plans to hire 15,000 freshers in FY24 reports by the The Times of India. This is great news for all the freshers out there who are looking for job opportunities in the IT sector.
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About the HCLTech
HCL Technologies Limited, HCLTech (formerly Hindustan Computers Limited), is an Indian multinational information technology (IT) consulting and services company headquartered in Noida. It was formed as an independent company in 1991 when HCL entered the software services business. The company has offices in 52 countries and employs more than 225,944 people.
HCLTech is listed in Forbes Global 2000. It ranks among the 20 largest listed companies in India with a market capitalization of 279,209 crore as of March 2022.
HCLTech is looking into the best training possibilities for new hires and considering how to use them on projects, according to CEO and MD Vijayakumar C. According to Ramachandran, only 5% of the company’s overall remuneration is made up of the variable pay plan, which is used by about 85% of the workforce.
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According to Moneycontrol, HCLTech hired 17,067 people overall in FY23 compared to 39,900 in FY22. In the most recent fiscal year, the company had an 18% growth in revenues and an 11% increase in earnings.