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HCL Technologies to hire nearly 30,000 people

HCL Technologies, India’s fourth largest IT services firm, plans to hire 25000-30000 people this year as it sees more customers outsource technology work and deliver services. The company said it plans to hire more full stack engineers unlike in the past when it focused on specialisation in one development lifecycle.

 “We expect that we would need anywhere between 25000-30000 people (this fiscal) for us to maintain the growth rate what we have given as guidance for the market,” Apparao V V, chief human resources officer, HCL Technologies, said in an interview. He said these people would include market hires, freshers and others. While the company has 127875 employees as on September 30; its net addition in Q2 was 3754 people.

HCL Tech has seen a surge in deal wins and that is expected to result in a higher demand for talent. It signed 17 transformational deals in areas such as digital & analytics, cloud, IoT, cybersecurity and other services. Analysts are of the view that hiring by Indian IT services firms has started resuming in the past few months. Meanwhile, HCL Tech has significantly reduced its dependency on H1B visas as localisation improved to nearly 65% in the US.

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