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Engineering Campus Placements: Mass Recruiters - why do they do it

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A lot of people, especially engineering students, often wonder why companies like TCS, Cognizant (CTS), Infosys, Wipro and Accenture - a.k.a. the mass recuiters - often hire so many people. Even if they pay them significantly small salaries, with the large number of people that they hire, it is only logical to ask - what do they do with such man power. Another question that comes to mind is that if they hire all these people every year, how do they manage to keep their costs low? Do they keep firing employees in large numbers too? In this article, I tell you the truth about mass recruitment processes. And it's not going to be pretty. Big IT companies like TCS, Cognizant, Accenture etc hire in huge numbers every year - they get fresher's, who are willing to learn, who do not need to be paid much and who can be put into any roles they want. Often these people out of college are in need of money (for further education, College loans etc). This makes them grab on to whatev...