IT company Infosys has recruited 12,000 new freshers in the first half of FY2026. The company’s Chief Financial Officer (CFO) Jayesh Sangrajka said in the second quarter 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 beginning 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 track to achieve the annual target of 20,000.”
Strong second quarter results, profit up 13%
The company reported a net profit of ₹7,364 crore in the July-September 2025 (Q2 FY26) quarter, up 13.2% year-on-year. Total revenue reached ₹44,490 crore, up 8.6% from the previous year.
Operating margin remained roughly stable at 21%. The company declared an interim dividend of ₹23 per share, up approximately 9.5% from last year.
According to CNBC-TV18 estimates, analysts were expecting a profit of ₹7,266 crore and revenue of ₹44,142 crore. Infosys exceeded these estimates, although margins were slightly lower than expected (estimated at 21.3%).
Headcount and attrition rate
Infosys added 8,203 employees in the second quarter. The company’s total headcount reached 331,991 at the end of the first half of the fiscal year (H1 FY26). Employee attrition declined slightly to 14.3%, down slightly from 14.4% in the previous quarter.
The pace of recruitment is faster than that of HCL Tech and TCS.
Infosys competitor HCLTech hired 7,180 freshers in the first half. In July, Infosys CEO Salil Parekh also said the company plans to hire a total of 20,000 new graduates this year.
This aggressive hiring strategy is in stark contrast to the approach of rival TCS, which recently cut its workforce by about 2% as the company grapples with a skills gap and technological changes.
Layoffs at tech companies in 2025
The year 2025 was volatile for the tech industry, both in terms of hiring and layoffs. Many global IT and startup companies reduced their workforce…
Google (Alphabet) has laid off nearly 10,000 employees since January, largely as part of a restructuring around its AI strategy. Amazon cut 18,000 employees across its cloud, gaming, and Alexa divisions.
Facebook cut more than 5,000 positions in other areas as part of its “Year of Efficiency” strategy in 2025. Microsoft cut 7,500 jobs across various departments, particularly in the LinkedIn and Azure divisions.
TCS has already announced a 2% workforce reduction in India, while Wipro and Tech Mahindra have also announced limited layoffs through 2025. On the other hand, Indian companies like Infosys and HCLTech are still increasing new hiring in the AI and cloud domains, reflecting a slight positivity in the domestic IT industry.
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