LTTS to see reduced hiring as automation rises; Q3 revenue up 3 per cent QoQ

L&T Technology Services (LTTS) anticipates a decline in net hiring numbers in the coming years, driven by increasing automation and productivity improvements, Amit Chadha, CEO & MD told FE.

“If we look at it year-on-year, our headcount has been flat, but we have grown 9% in rupee terms. Going forward next year, you can expect growth to be there, but the number of people we hire will be lower on a net basis because we are being able to leverage automation,” Chadha said.