Browsing Tag
C. Vijayakumar
2 posts
AI is supposed to reduce IT headcount. Why did HCLTech just add 6,450 employees?
HCL Technologies Limited added 6,450 employees during the September quarter, reversing the previous quarter's workforce contraction as fresher onboarding accelerated sharply. The hiring rebound comes alongside stronger earnings and rapidly expanding artificial intelligence revenue, creating an important test of whether large Indian technology-services companies can increase headcount while also extracting more productivity from AI.
HCLTech Q2 FY27 profit jumps 21% to Rs 5,132cr as AI revenue surges 78%
HCL Technologies Limited reported record quarterly profit, $3.26 billion in new deal bookings and stronger margins, while raising its FY27 revenue guidance floor despite slower constant-currency growth and weakness in its software business.