HCL unlikely to make campus offers

HCL said it will hire people 'just in time' of requirement rather than maintaining a bench.

To save on the cost of training,one of the leading domestic software exporter HCL Technologies said it will hire people ‘just in time’ of requirement rather than maintaining a bench.

HCL has been following the policy of just in time hiring,which has paid off well for the organisation,HCL Technologies CEO Vineet Nayyar said after announcing the third quarter result of the tech firm.

Declining to give a hiring outlook for the year ahead,Nayyar said the firm is unlikely to make campus offers.

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“We have hardly made any campus offers… we have moved to the lateral strategy,” he added.

The overall global headcount of the company fell by 992,to 54,026,from December to March. However,the company clarified that it has not laid off any employee.

During the quarter the company has made a gross addition of 2,298 employees.

In the BPO services segment,however,the headcount has came down to 11,426 from 12,750 in December.

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Commenting on the BPO business,he said the company is trying to move away from voice-based services to platform-based services. So,it is unlikely that the company would make new recruitments for voice-based services.

The Indian IT sector,which has been very aggressive over the years in hiring and maintaining bench in anticipation of bagging projects,has been cutting down on the manpower hit by the economic slowdown and turmoil in the global financial sector.

The sector currently employs over two million people.