As large-cap headcounts fall, mid-cap firms step up hiring
Financial Express Mumbai|October 24, 2023
AT A TIME when large IT companies saw their net employee headcount decline, many midcap IT companies are hiring and have added to their headcount in the second quarter of this fiscal. Even on year-on-year (y-oy) basis, many midcaps have left large caps behind in headcount addition.
SAMEER RANJAN BAKSHI
As large-cap headcounts fall, mid-cap firms step up hiring

While some of the large IT companies saw headcount drop of about 5-6% in the last four quarters, couple of midcaps on the contrary grew their headcounts in higher single digits in the same period.

For instance, Tata Elxsi, whose headcount rose by 10% over the last one year from the base of 11,679 in the September quarter of FY23. In June quarter of this fiscal, its headcount was 12,286. It added 585 employees in its headcount in the second quarter of this fiscal, taking the total to 12,871 employees.

هذه القصة مأخوذة من طبعة October 24, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 24, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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