TCS, Infosys, HCL Tech, Wipro: What Q3 headcount of BIG 4 Indian IT giants indicate?

The big boys of the Indian IT sector plan to ramp up hiring in the next financial year, driven by green shoots in demand and signs of healthy economic growth in key Western markets. In the recently concluded December quarter, the big four IT companies—TCS, Infosys, HCL Technologies, and Wipro—announced their plans to add more employees in the ongoing quarter and the next financial year, while some of them experiencing an increase in attrition and a decline in total headcount during the quarter. Let's take a look at the workforce trends of the big four Indian IT companies in Q3FY25: TCS TCS headcount declined by more than 5,000 employees in Q3FY25. India's second-largest software services company reported an attrition rate of 13.7 per cent, compared to 12.9 per cent in the preceding September quarter and the year-ago period.