New Delhi, May 14 -- The Big Four of Indian IT ceded their crown as the industry's top hirers in FY25, beaten by smaller rivals which grew faster for the second year in a row. While the heavyweights added 9,442 employees, their mid-cap rivals together added 25,794, data from earnings reports showed.

The Big Four include Tata Consultancy Services Ltd, Infosys Ltd, HCL Technologies Ltd and Wipro Ltd which earn above $10 billion annually, while the mid-cap IT firms are Tech Mahindra Ltd, LTIMindtree Ltd, Mphasis Ltd, Coforge Ltd, Persistent Systems Ltd, Hexaware Technologies Ltd, L&T Technology Services Ltd, Sonata Software Ltd, and Firstsource Solutions Ltd which earn $1-6.3 billion.

Mid-cap IT firms hired more as they grew faster, at lea...