Amid TCS layoffs, Narayana Murthy brings good news, Infosys hires 12000 employees, has 8000 job vacancies for…

Infosys' business in Europe rose 10.6 per cent, accounting for 31.7 per cent of the company’s total revenue, while India business contributed 2.9 per cent to the total business.

Infosys hired 12,000 new freshers in the first half of FY2026. The company’s Chief Financial Officer (CFO) Jayesh Sangrajka shared during the Q2 earnings conference on October 16 that Infosys is on track to hire a total of 20,000 freshers in the year. 

He said, “At the start of the year, our target was to hire 15,000 to 20,000 freshers. So far, we have hired 12,000, and we are on the path to meet our annual target of 20,000.”

Infosys Hires More Employees Amid Layoffs In IT Sector

The company increased the employee headcount during the quarter by 8,203 to 3,31,991 from 3,23,788 reported in the June 2025 quarter.

The attrition rate at the company increased to 14.3 per cent during the reported quarter from 12.9 per cent a year ago, while it was marginally lower compared to the June 2025 quarter.

Competitor HCLTech hired 7,180 freshers in the first half. Infosys CEO Salil Parekh had also shared in July that the company is working on hiring a total of 20,000 new graduates this year.

This aggressive hiring approach is completely different from rival TCS, which recently reduced its workforce by nearly 2%, as the company faces skill gaps and technological changes. The year 2025 has been unstable for the tech industry, both in terms of hiring and layoffs. Many global IT and startup companies have cut down their employee numbers.

Infosys Q2 Results

 IT company Infosys on Thursday posted a 13.2 per cent increase in consolidated net profit to Rs 7,364 crore for the second quarter ended September 30, mainly on account of large deal wins.

The company had posted a net profit of Rs 6,506 crore a year ago.

Its revenue from operations grew 8.6 per cent to Rs 44,490 crore during the quarter from Rs 40,986 crore in the year-ago period.

The company increased the lower base of the growth outlook for FY26 to 2-3 per cent in constant currency terms from 1-3 per cent it had projected in the June 2025 quarter.

“We had a strong performance in Q2. Our operating margin was 21 per cent. Deals were at USD 3.1 billion out of which 67 per cent were net new work. In addition, we announced a mega deal worth USD 1.6 billion after the close of the quarter. We have added 8,000 employees during the quarter,” Infosys MD and CEO Salil Parikh said.

(With Inputs From PTI)