Several Tech giants, MNCs and companies including Google, TCS, Cognizant, Capgemini, Wipro, etc. have decided to go ahead with the process of honouring campus hires stalled due to the Coronavirus (COVID-19) pandemic induced lockdown. Despite a bleak revenue picture, companies are moving ahead on campus hiring with a hope of bouncing back once the lockdown is lifted and business restrictions are eased.
Google continues to draw in new recruits on board from the campuses (60 to 70), as its annual hire. TCS and Wipro are recruiting 30,000 and 12,000 respectively this fiscal, while Cognizant is sticking to its plan of hiring 20,000 novices following an assessment of the academic competitiveness and impact of the undercurrent lockdown on the business, as reported in The Times Of India.
Ashwin Yardi, CEO, Capgemini India, speaking to ToI said, "The firm has hired more than 6,000 in the quarter ended March, including 2,000 freshers and 4,000 laterals." There is no deferment in the joining dates, Yardi added, while stating that that company has rolled out offers to more than 4,000 lateral hires for the second quarter.
Cisco, an American Tech major, since March 15 has on-boarded over 100 applicants. Speaking of it, Anupam Trehan, Director, HR, Cisco India & SAARC, told The Times of India, "During these unprecedented times, it is key for organisations to operate from a 'people first' stance."
Likewise, Kiran Mazumdar-Shaw, Biocon CMD, has assured the company will keep its word on all the 250 job offers made. "We have on-boarded 90 people virtually and they will physically join us once the lockdown is lifted. We have not pushed back joining dates for any," Shaw was quoted by the daily.
Besides the IT majors, several FMCGs such as Godrej, Hindustan Unilever (HUL), Pepsi-Co, Bain & Company, McKinsey and banking institutions like ICICI Bank, Kotak Mahindra, Axis Bank, Citi Bank, etc. have also assured to honour the on-boarded interns as well as all the job offers made thus far.