HomeBusinessDue to slower growth, Capgemini will hire fewer staff, lowering attrition.

Due to slower growth, Capgemini will hire fewer staff, lowering attrition.

Published on

spot_img
  • After reporting Q3 results, Capgemini CEO Aiman Ezzat told investors that the company will restrict recruiting due to sluggish growth and lower attrition. Capgemini follows the calendar year.
  • Capgemini employs about a lakh-and-a-half Indians. Quarterly employee locations are not disclosed.
  • On October 27, the corporation reported its third-quarter results and said they expect a slowdown. The CEO indicated 2023 will grow, but not as much as 2022.
  • The September quarter saw 6,300 net hires, down from 11,400 the previous quarter. In September 2022, Capgemini employed 3,58,400.

Latest articles

Zepto claims 2nd spot in monthly active customers, surpasses JioMart

Zepto, a Bengaluru-based quick-commerce app, has surged ahead of JioMart in November, securing the...

Google unveils long-awaited Gemini AI model to Catch Up to OpenAI

Google released its advanced chatbot, Bard, underpinned by the new A.I. technology, Gemini, as...

Domestic electronics manufacturing up 4x to Rs 8.22 lakh cr in FY23 : IT Ministry

Over the last decade, domestic electronics manufacturing in India has witnessed remarkable growth, increasing...

MPL post Rs 814 crore revenue & around Rs 300 crore loss in FY23

The Indian entity of MPL reported Rs 814.2 crore in revenue from operations in...

More like this

Zepto claims 2nd spot in monthly active customers, surpasses JioMart

Zepto, a Bengaluru-based quick-commerce app, has surged ahead of JioMart in November, securing the...

Google unveils long-awaited Gemini AI model to Catch Up to OpenAI

Google released its advanced chatbot, Bard, underpinned by the new A.I. technology, Gemini, as...

Domestic electronics manufacturing up 4x to Rs 8.22 lakh cr in FY23 : IT Ministry

Over the last decade, domestic electronics manufacturing in India has witnessed remarkable growth, increasing...