Posted by The Big Four professional services firms — Deloitte, PWC, EY, and KPMG — are on a hiring spree in India, prompted by an all-time high demand for consulting services from companies across sectors trying to navigate through rapid technology adoption after the pandemic.
Amid the rapid technology adoption fueled by the pandemic, consulting giants – Deloitte, EY, PwC India and KPMG India – have stepped up their hiring activity, Economics Times reports, citing company officials.
These four top consulting companies and their shared services units in India are likely to hire about 80,000 people in the next 12 months to cater to the demand of business growth and due to high attrition, according to estimates by top company officials and industry insiders.
PwC, which created 3,000 jobs last year, is aggressively hiring across areas like digital transformation, cybersecurity and environment sustainability and governance. Meanwhile, the headcount at Deloitte in India has surpassed 90,000 across functions, accounting for 20% of its global workplace. The increased demand for technology consulting in the post-Covid era, rising attrition and heightened global expansion are some key triggers of this trend according to the report.
As per data from staffing firm Xpheno, the Big Four and their shared entities created nearly 55,000 jobs in FY22, 94% of which were technical roles/positions. Gross hiring at these companies stood at 88,000 in the last financial year, with the headcount growth recording an all-time high of 36%.
These firms are likely to onboard about 80,000 new recruits in the next 12 months and double the headcount (across both tech and non-tech roles) in the next 2-3 years, industry insiders told the daily.