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Capgemini India to hire up to 45,000 in 2025; focus on AI-ready workforce

Capgemini India to hire up to 45,000 in 2025; focus on AI-ready workforce

Time of India3 days ago
Amid growing concerns around information technology (IT) sector hiring, Capgemini India has announced plans to recruit between 40,000 and 45,000 employees this year. CEO Ashwin Yardi told the Hindu Business Line that around 35% to 40% of these will be lateral hires.Capgemini, which currently employs around 175,000 people in India, is seeing a steady rise in work being routed to the country. Clients are looking to cut costs and improve efficiency, making India an increasingly attractive delivery base. Yardi said this demand is expected to contribute positively to the company's overall revenue performance.To support hiring, the Indian arm of the French IT services company has partnered with over 50 colleges and campuses, and recruitment for the current season is already underway. A key focus for new recruits will be early training in artificial intelligence (AI), ensuring that fresh talent is well-prepared for today's evolving AI arena.The hiring announcement from Capgemini comes soon after Tata Consultancy Services (TCS) revealed its plans to lay off around 2% of its global workforce , or roughly over 12,000 employees, over the year.In contrast, Infosys CEO Salil Parekh confirmed the company's intent to expand its workforce : 'We recruited over 17,000 people (gross hiring) in the first quarter and plan to bring in about 20,000 college graduates this year,' he told The Times of India.Meanwhile, last month, Capgemini announced a $3.3 billion acquisition of business process outsourcing (BPO) firm WNS , a move aimed at combining strengths to meet the growing enterprise demand for advanced, automated services. However, some analysts have raised concerns about how AI might impact the traditional BPO model, potentially affecting long-term revenue from that sector.Despite this, Capgemini expects the WNS deal to boost earnings relatively quickly. The firm is projecting a 4% rise in earnings per share (EPS) by 2026 and 7% the year after.That said, the broader business outlook remains cautious. According to a recent Reuters report, Capgemini has narrowed its full-year revenue guidance due to soft demand and global economic uncertainty. The company now expects growth in the range of -1% to +1%, compared to its earlier forecast of -2% to +2%.Capgemini also reported a 15% year-on-year (YoY) drop in its first-half operating profit, falling to €976 million.
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