Joining Delayed? Overhiring In FY22, Slowdown To Blame
Business Standard|October 06, 2022
Companies may now be leveraging their human capital costs, say experts
Joining Delayed? Overhiring In FY22, Slowdown To Blame

V Prasad (name changed) is a B Tech from Karnal in Andhra A student of Jawaharlal Nehru.

Technological University, Anantapur, he was picked by Wipro and received an offer letter from the company in January this year, with a tentative joining date of June-July. But he is still waiting to hear from the company.

"My worry is the loan I have to repay and the instalments will begin from December-January ... From our university there are some 200 students picked by Wipro. All of us are in the same situation," he told Business Standard.

The university could not be contacted to verify the number of students who got letters from Wipro.

Many students have taken to social media platforms like Twitter and LinkedIn in the hope that their public outburst on the issue will make the companies have a rethink if they plan to revoke offer letters. Many on social media have also said the offer letters have been revoked. Companies named by these students include Wipro, HCLTech, Tech Mahindra, and Infosys.

This story is from the October 06, 2022 edition of Business Standard.

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This story is from the October 06, 2022 edition of Business Standard.

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