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Minis
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India's IT companies likely to recruit 40% fewer freshers in FY24
- IT companies in India to reduce campus hiring by 40% due to bench strength, reduced client orders, and economic uncertainty.
- Shift in talent environment leads to a more measured approach to hiring.
- IT firms projected to hire 155,000 students in FY24, a 48% decline from FY23.
- Continued campus hiring crucial for cost leverage and to meet future demand.
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