Tata Consultancy Services (TCS) is on track to expand its workforce significantly, with plans to onboard 40,000 freshers by March 2025. By September 2023, the company’s employee count reached 612,724, and it added more than 11,000 new associates in the first half of the fiscal year alone, reinforcing its commitment to business growth and talent acquisition.
Recruitment Push and Workforce Expansion
TCS has ramped up its hiring efforts in FY25, adding 5,726 employees in Q2, following 5,452 new hires in Q1. This surge in recruitment signals a strong recovery from three consecutive quarters of declining headcount and highlights the company’s focus on building its talent pool. TCS’s Chief HR Officer, Milind Lakkad, shared that they are on track with their trainee onboarding plans and have also started campus hiring for the upcoming fiscal year.
Rebounding After Workforce Reduction
The current hiring boom follows an unusual reduction in TCS’s workforce in FY24, where the company reported a decrease of 13,249 employees—the first such reduction in 19 years. However, the company quickly refocused on growth, actively hiring to meet the increasing demands of its business. Despite a slight rise in attrition to 12.3% in Q2 of FY25, the rate remains lower than the 14.9% attrition reported in the same period the previous year.
Strong Financial Performance
TCS also posted solid financial results, with a 5% increase in net profit to Rs 11,909 crore and a 7.6% year-over-year rise in revenue to Rs 64,259 crore. This steady financial growth reflects the company’s ongoing efforts to expand its talent pool and maintain a strong position in the competitive IT services sector.
Preparing for Future Talent Needs
Looking ahead, TCS is focused on sustainable growth, investing in talent acquisition and development to meet the complex technology needs of its clients. Through a strategic hiring plan and a commitment to campus recruitment for FY26, TCS is positioning itself for continued success and innovation in the tech industry.
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