‘IT sector to see 2 lakh jobs added in FY22’

The Indian IT industry will report a net addition of more than 2 lakh jobs in FY22 as top players alone had a net employee addition of more than 50,000 in the April-June quarter, said Xpheno, a specia

The Indian IT industry will report a net addition of more than 2 lakh jobs in FY22 as top players alone had a net employee addition of more than 50,000 in the April-June quarter, said Xpheno, a specialist staffing firm that tracks country-wide hiring trends. “In the first quarter of the fiscal, IT services players had over 50,000 net headcount additions. With such a bullish beginning, the sector’s net additions for the whole year is set on a trajectory of over 2 lakh,” said Kamal Karanth, talent specialist and co-founder, Xpheno. India Inc, overall saw 2.78 lakh active white collar jobs in the month of August, 4% lower than July 2021, the strongest white collar job month since the pandemic disrupted markets in March 2020, according to a job market study by Xpheno on Friday.