The growth of the Indian economy has been remarkable. The IT sector has experienced exponential growth over the past decade and is now an integral part of India’s growth story. According to a report by NASSCOM, the Indian IT industry is projected to reach USD 350 billion by 2025. This growth can be attributed to numerous factors, such as the availability of a large and skilled workforce, favorable government policies, and increasing demand for IT services. India has become a major base for global technology companies.
On the other hand, the news of layoffs and fierce global competition has been reverberating across the IT industry, leaving it to face uncertain economic conditions. Many tech giants have had to make drastic, cost-cutting measures in order to stay afloat, resulting in hundreds of layoffs and job cuts. Microsoft, Google, IBM, and Apple are among the many corporations that have experienced large-scale reductions in the workforce this year. Similarly, startups have found it difficult to secure funding due to dwindling investor confidence in the sector. As per research the year 2022 witnessed a great footfall, the tech sector alone shed more than 1,50,000 employees, with several more job cuts being announced since the start of the new year, over 40,000.
However, despite the reality of layoffs, IT companies are actively looking to hire talented individuals in order to create a more inclusive and innovative workplace culture. Team Computers, an Indian-based IT firm, is an example of this. With the combination of technical and geographical footprints and go-to-market capabilities, Team computer is on a massive recruitment drive, planning to recruit 1000 employees this year. Currently, the New Delhi-based company has over 3500 employees spread over 8 offices across India.
The growth of the IT space has had a positive effect on Team Computers, allowing them to rise above the economic downturn and hire talented individuals. Post the emergence of remote working, Team Computers has been able to focus its recruitment efforts on remote locations, training, and placement opportunities. Team Computers is planning to recruit young talent from Tier II locations with a remote working option so that they can support their families comfortably. The company is planning on an all-India campus hiring process that will attract young professionals from management colleges. This has enabled them to identify and hire talent by providing flexible hiring options for both recent graduates and experienced professionals with career guidance services.
They are accelerating fresh recruitment on one hand while introducing re-skilling programs on the other via online classes, on the job training and offer a holistic employment experience that covers career development, learning, and wellness.
Team Computers has been able to remain competitive in the current market by leveraging technology and innovation to its advantage. The company is actively recruiting for positions in software engineering, cloud computing, artificial intelligence (AI), and cyber security, managed services, focusing on remote locations as well as training and placement.
Speaking about the recruitment drive, Mr Ranjan Chopra, Founder and CEO, Team Computers, said, “ We are excited about this new phase of growth for our company and are eager to add 1000 new professionals to our workforce. The IT sector in India is poised for an exciting growth trajectory and we expect to be an active participant in this cycle. We would like to help candidates in Tier-II cities by providing them with remote working opportunities that will give them a new lease of life.”
Team Computers stands out in the homegrown IT space for its commitment to hiring and nurturing top talent. They emphasize the importance of diversity and inclusion in their recruitment process, and are continually striving to create a workforce that is more representative of the globalized world.
