StartupTalky

Tag: capgemini india

  • Capgemini India to Hire 45,000 Employees in 2025 Amid AI Talent Push

    This year, Capgemini India expects to hire between 40,000 and 45,000 people, despite mounting concerns about hiring in the information technology (IT) sector. Between 35 and 40% of these will be lateral hiring, CEO Ashwin Yardi told the Hindu Business Line.

    The number of projects being routed to India is steadily increasing for Capgemini, which already has about 175,000 employees there. India is becoming a more alluring delivery base as clients seek to reduce expenses and increase efficiency. According to Yardi, the company’s total sales performance is anticipated to benefit from this demand.

    AI Takes Center Stage in Capgemini’s Workforce Strategy

    The French IT services company’s Indian division has partnered with more than 50 institutions and campuses to facilitate hiring, and the current season’s hiring process is already under way. Early artificial intelligence (AI) training will be a major priority for new hires, guaranteeing that young talent is ready for the rapidly changing AI landscape of today.

    Capgemini vs TCS & Infosys: Who’s Hiring in 2025?

    Capgemini’s hiring news follows Tata Consultancy Services’ (TCS) statement that it would lay off around 12,000 workers, or 2% of its global workforce, over the course of the year. On the other hand, Salil Parekh, the CEO of Infosys, affirmed the company’s intention to increase its workforce: “In the first quarter, we hired over 17,000 people (gross hiring), and we intend to hire roughly 20,000 college graduates this year,” he told The Times of India.

    WNS Acquisition and Its Impact on Capgemini’s Future

    In the meantime, Capgemini announced last month that it would acquire business process outsourcing (BPO) company WNS for $3.3 billion. The goal of the transaction was to combine the companies’ strengths and satisfy the increasing demand from businesses for sophisticated, automated services. The old BPO model may be impacted by AI, which might have an effect on the industry’s long-term earnings, according to some analysts. Nevertheless, Capgemini anticipates that the WNS agreement will increase profits rather rapidly.

    By 2026, the company anticipates a 4% increase in profits per share (EPS), followed by a 7% increase the following year. However, the overall business outlook is still cautious. A recent Reuters story claims that Capgemini has reduced its full-year revenue forecast because of weak demand and unpredictability in the world economy. In contrast to its previous prediction of -2% to +2% growth, the company now anticipates growth in the range of -1% to +1%.

    India’s IT Job Market: Layoffs, Hope, and the AI Shift

    Recent industry data gathered by Nasscom and independent market experts indicates that between 2023 and 2025, over 100,000 jobs were lost in India’s tech sector, primarily in non-digital and mid-level management positions. As a result, Capgemini’s expansion plans provide a unique glimmer of hope in a conservative workforce.

    Capgemini’s collaborations with Indian universities aim to develop skills in AI, machine learning, cloud computing, and cybersecurity in addition to recruiting. These collaborations aim to increase recent graduates’ AI preparedness by providing specialised learning materials, internship opportunities, and exposure to real-world projects.

  • The CEO of Capgemini India Advocates for a 47.5-Hour Workweek

    Ashwin Yardi, CEO of Capgemini India, has argued for a more balanced approach to working hours in India and rejected the notion of an extended 70- to 90-hour workweek. “47 and a half hours” is how Yardi defended a 47.5-hour workweek when speaking at the Nasscom Technology and Leadership Forum (NTLF) in Mumbai. “Five days a week, we have roughly nine hours each day,” he stated. According to a news outlet, he stated, “My guiding principle for the last four years is don’t send an e-mail on a weekend even if it is an escalation unless you know you can solve it on a weekend.”

    Why is Yardi Promoting a 47.5-hour workweek?

    Although Yardi admitted that he occasionally works on the weekends, he stated he avoids sending needless emails to staff members because doing so would simply lead to “grief” rather than any useful outcomes. Sindhu Gangadharan, the chairperson of Nasscom and the head of SAP India, highlighted at the same event that workplace productivity should be outcome-driven rather than determined by hours worked. While acknowledging that she occasionally sends emails late at night, Marico CEO Saugata Gupta expressed a similar view.

    Yardi’s comments coincide with a continuing discussion that was triggered by L&T Chairman SN Subrahmanyan’s proposal for a 90-hour workweek and Infosys co-founder NR Narayana Murthy‘s demand for a 70-hour workweek. In a recent conversation with staff members, Subrahmanyan confessed to not being able to force them to work on Sundays. “I’m sorry, but I can’t have you work on Sundays,” he remarked.

    Accepting the Expectations of Young Minds

    Given the demographics of IT workers, Yardi previously stated that it is critical for organisations to adjust to the demands of their younger workforce and outline the strategies they are implementing. While hard work is crucial, Vinay Dube of Akasa Air stated that he does not believe in the concept of working 70-hour weeks and that he does not expect others, particularly young professionals, to do the same. I do not want children to put in seventy hours of work. “How can I expect them to do it if I’m not doing it?” he asked. Dube emphasised the value of work-life balance since he thought that young people might advance their careers and still have personal lives. He went on to say, “I want people to have that perspective,” emphasising that many individuals later regret not spending more time with their friends and family.

    Murthy Dissecting from his Earlier Claim

    The 78-year-old former tech CEO advocated for India’s youthful labour to put in more hours at work in an October 2023 podcast, arguing that this would help the nation reach its full potential on a global scale. India has some of the lowest work productivity in the world, he claimed. “We won’t be able to compete with those nations that have made great strides unless we increase our productivity at work, decrease government corruption to some extent (because we’ve been reading, I don’t know the truth), and shorten the time it takes for our bureaucracy to make decisions.

    Murthy, however, recently stated that no one should force someone else to work long hours and that such matters should be investigated. Murthy stated that no one should have the authority to impose lengthy work hours during his speech at the Kilachand Memorial Lecture in Mumbai on January 21. “I can state that I used to arrive at work at 6.20 am and depart at 8.30 pm. I have done it; that much is true. It’s incorrect for anyone to say “no.” I’ve been doing it for about 40 years. These, in my opinion, are not matters that need to be explored or argued. One can reflect on these concerns, absorb information, draw conclusions, and take any action they choose. That’s it. Nobody can tell you if you should do something or not,” he remarked.

    Government and Paytm Partner to Boost Capital, Market Access for Firms
    The Government and Paytm have signed an MOU to support Indian companies by offering capital, market access, and mentorship to boost business growth.
    StartupTalkyNitin Konde