Infosys will hire at least 20,000 fresh graduates in FY27, keeping its campus recruitment target steady even as the company’s total workforce shrank in the January to March quarter.
The commitment was confirmed by Chief Financial Officer Jayesh Sanghrajka during the company’s Q4 FY26 earnings conference. Sanghrajka said, “Last year, we had announced 20,000 for FY 2026, and we have hired more than 20,000 freshers from the market. This year also, we are expecting at least 20,000 freshers to be hired.” He framed fresh hiring as a continuing part of the IT major’s growth strategy.
The pledge came alongside a rare sequential drop in headcount. Infosys reported a total of 3,28,594 employees at the end of Q4 FY26, down 8,440 from the previous quarter, a decline of about 2.5%. On a year-on-year basis, the workforce still rose modestly from 3,23,578, indicating that hiring has remained selective and tied to demand. Management attributed the quarterly dip to seasonal softness, lower volumes, and changes in utilisation.
The pattern points to a talent pyramid being refreshed at the base while overall costs are held in check. By recruiting entry-level talent at scale, the Bengaluru-headquartered company is building a pipeline that can be trained in AI and digital skills, even as it exercises tighter control over lateral hiring and non-essential roles. Attrition eased to 12.6%, giving the company steadier ground for workforce planning.
The hiring plan sits against a cautious revenue outlook. Infosys guided for FY27 revenue growth of 1.5% to 3.5% in constant currency terms, a range that brokerage JM Financial noted was slightly below its own forecast of 2% to 4%. The company said the lower end factors in a worsening demand environment while the upper end assumes conditions improve, with a large European manufacturing client and a shift in the onsite work mix expected to weigh on growth by roughly 75 to 100 basis points. Margin guidance for FY27 was retained at 20% to 22%.
The steady fresher intake mirrors a wider trend among Indian IT services firms, which continue to invest in early-career hiring as a long-term bet even through uneven global technology demand. For campus recruits, the plan signals that entry-level opportunities at the country’s second-largest IT company remain open despite the broader tightening.
