Hiring now: As IT jobs become hard to land, GCCs offer freshers new hope

Quick Summary:

In today’s challenging tech hiring landscape, where IT services companies are slowing down fresher recruitment, GCCs are not only bringing in experienced professionals but also targeting fresh engineering graduates.

Over the last two financial years, the net lateral talent movement from IT sectors to GCCs has grown from 14% to 23%, according to TeamLease’s Vij.“There is a strong inclination towards GCCs.

Meanwhile, GCCs are also looking at tech talent from Tier II and III locations as they view this as an opportunity for cost arbitrage and are keen to invest in this talent.“GCCs are receiving government subsidies, benefiting from lower infrastructure costs, and are able to invest in talent development.

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Article Details

Author / Journalist: Ishan Patra

Category: StartupsEconomyBusiness

Markets: India

Topics: According Fresher Opportunities Last Services Talent Freshers Tech Companies Gccs Hiring

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 01:15:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 1224 words

Reading Time: 7 minutes read

Sentences: 47 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22416230

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 4 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

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