The firms are also intensifying their investments in training the bench to minimize the need for lateral hiring.
"Teams having global capability centres and banking and financial services clients who are based in the US are maintaining their bench strength. There is demand for hiring for the reserves, but if clients are based out of Europe, and Australia then vacancies in bench are not getting filled," Sunil Chemmankotil, chief executive of staffing firm TeamLease Digital, said.
According to Chemmankotil's estimates,10-12% staff of an IT firm is on reserve.
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