IT major Tata Consultancy Services (TCS) is looking to hire between 1.25 lakh and 1.5 lakh employees in FY24, reports by The Times of India  

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 IT major Tata Consultancy Services (TCS) is looking to hire between 1.25 lakh and 1.5 lakh employees in FY24, reports by The Times of India 

IT major Tata Consultancy Services (TCS) is looking to hire between 1.25 lakh and 1.5 lakh employees in FY24, reports The Times of India.

“This reflects our confidence in the medium and long-term,” said the company’s CEO and MD Rajesh Gopinathan, at the release of TCS’ October-December quarterly results. The hiring target for the upcoming fiscal year would also include around 40,000 freshers, said Executive Vice-President and CHRO Milind Lakkad.

TCS has hired 42,000 freshers so far in FY23 but only 7,000 people were hired in the third quarter. Gopinathan, however, had said in December that hiring sentiment would remain benign in 2023 compared to the first few months of 2022, reports The Economic Times.

Over 2,000 employees, however, left TCS in the October-December quarter but the company said this wasn’t because of less demand. Attrition also came down marginally from 21.5% in the second quarter to 21.3% in the third quarter. “We’re not pulling people off the field,” added Gopinathan.