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