Massive Drop In Tech Hiring, 135% Fall In Hiring, More Laid Off

It’s not just Infosys results that are shocking, the hiring trends also portend some disturbing trends in the tech industry. The net employee addition has dropped a combined 135 per cent at TCS, Wipro, and HCLTech. This means, where the companies had added 31,000 employees this quarter last year, this year they've seen a fall of nearly 11,000 employees. This is in line with the muted financial numbers shared by these companies. Business Today TV's Aakanksha Chaturvedi deepens us into this trend.