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Thursday, June 11, 2026 12:50 PM

Indian IT industry

Cognizant plans to hire up to 25,000 fresh graduates in 2026

IT services firm Cognizant announced plans to recruit around 24,000–25,000 freshers in 2026, marking a sharp ramp-up in entry-level hiring as part of its strategy to strengthen the “bottom of the pyramid” workforce. The proposed intake represents a nearly 20 per cent increase compared with 2025, when the company hired close to 20,000 graduates. Speaking during the company’s Q4 2025 earnings call, Cognizant CEO Ravi Kumar S said the company is reshaping its talent pyramid by pushing high-value technology expertise down to early-career employees with the support of artificial intelligence. Kumar highlighted the growing non-linearity between revenue and headcount, noting that Cognizant is deliberately decoupling growth in revenues from workforce expansion. In 2025, the company’s revenues rose 6.4 per cent in constant currency terms, while headcount grew by just 4 per cent, leading to a 5 per cent rise in revenue per employee. He said the company is increasingly hiring school and college graduates, with each year seeing a higher intake than the previous one. The objective, Kumar explained, is to enable entry-level employees with advanced capabilities early in their careers, helping build a broader talent pyramid and driving efficiency at scale. Out of the 20,000 graduates recruited in 2025, Cognizant said about 16,000 are already deployed on client projects, while the remaining 4,000 are undergoing training. CFO Jatin Dalal said the company plans to scale this number by around 20 per cent in 2026, targeting an intake of up to 25,000 freshers. The company also pointed to a shift in its hiring approach, moving away from a linear model to a graded recruitment framework. This includes a premium hiring track called “Tech Wizards” for candidates from the Indian Institutes of Technology (IITs), alongside other categories such as power programmers and software engineers. Kumar said Cognizant now places greater emphasis on “learnability” rather than years of experience, arguing that younger graduates adapt faster in a rapidly evolving technology environment and require less unlearning of legacy software practices. Responding to concerns around AI-driven job losses, Kumar said while technology may eliminate outdated roles, it creates far more opportunities by modernising legacy systems and reducing technical debt across enterprises. Cognizant reported an 18.7 per cent year-on-year rise in net income to USD 648 million for the December quarter. Revenue for Q4 2025 stood at USD 5,333 million, up 4.9 per cent from USD 5,082 million in the same period last year. The company’s total workforce as of December 31, 2025, was 351,600, up by 14,800 employees compared with a year earlier. Source: PTI  

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TCS Q1 FY26: Attrition Rises Slightly to 13.8%, Net Profit Grows 6.7% YoY

Tata Consultancy Services (TCS), India’s largest IT services company, reported a modest uptick in employee attrition during the first quarter of the financial year 2025–26. According to a regulatory filing on Thursday, the attrition rate for Q1 stood at 13.8%, up from 13.3% in the March quarter and 13% in the preceding December quarter. As of June 30, 2025, the company’s total workforce had grown to 613,069 employees, reflecting a year-on-year increase of 6,071 from the 607,979 reported at the end of March. Highlighting the company’s focus on skill enhancement, Milind Lakkad, Chief Human Resources Officer at TCS, stated, “Talent development remains central to our strategy. This quarter, our associates dedicated 15 million hours to upskilling, particularly in emerging technologies. We now have over 114,000 employees proficient in advanced AI capabilities.” The IT major also opened the earnings season for the June quarter by posting a 6.7% year-on-year rise in consolidated net profit, reaching ₹12,819 crore, compared to ₹12,105 crore in the same quarter last year. Revenue from operations witnessed a 1.3% increase, totaling ₹63,437 crore, up from ₹62,613 crore in Q1 FY25. Employee benefit expenses climbed 3.6% year-on-year to ₹37,715 crore, while the company’s overall expenses rose 1.6% to ₹48,118 crore. TCS also announced an interim dividend of ₹11 per share. The record date for eligibility is set for July 16, 2025, with dividend payouts scheduled by August 4, 2025. Source: Economic Times

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