HCL Tech to add 45,000 freshers to workforce in FY23

Presently, 28% of the Company’s workforce of over two lakhs comprises women, and employees from 165 nationalities

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HCL Technologies is all set to add a minimum of 45,000 freshers to its team in the financial year FY23. It is hoped that this expansion will not only help fulfil its growing demand but also take care of attrition.

In the financial year 22, it hired 23,000 freshers. Its workforce strength on 31 March 2022 was 2,08,877. In the fourth quarter of FY22 alone, the Company’s net hiring, globally, was 11,000. For the full year, the figure was 39,900.

These employees come from 165 nationalities, and 28 per cent of the global workforce comprises women.

In terms of localisation too, the numbers are significant, with 70.9 per cent in the US, 80.5 per cent in Europe and 88.9 per cent in APAC and the rest of the world.

In FY23, HCL Tech hopes to see 12-15 per cent of its workforce returning to office, and following a hybrid model of work.

The Company plans to hire 45,000 directly from the campus in FY23, as compared to the 23,000 freshers it hired in FY22.

HCL’s consolidated net income in the fourth quarter of FY22 was Rs 3,593 crore, that is, 23.9 per cent higher than last year and 4.4 per cent hire than in the same quarter last year. Similarly, the consolidated revenue was Rs 22,597 crore. Again, 15 per cent more than the previous year and 1.2 per cent more than in the same quarter last year.

With new locations in Sri Lanka, Vietnam, Romania, Mexico, Costa Rica and Brazil, the Company is hiring talent from wherever it is available.

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