TCS Sets Ambitious Goal to Hire 40,000 Freshers by March 2025
Tata Consultancy Services (TCS) is on a robust hiring spree, aiming to onboard 40,000 freshers by March 2025. By September 2023, the company had grown to 612,724 employees, with more than 11,000 new associates joining in just the first half of the fiscal year, reflecting TCS’s commitment to expanding its talent pool and fueling business growth.
Accelerated Recruitment and Workforce Growth
In FY25, TCS has significantly increased its recruitment, adding 5,726 employees in Q2, following 5,452 hires in Q1. This surge in hiring marks a strong recovery from previous quarters where workforce numbers had dipped. TCS’s Chief HR Officer, Milind Lakkad, confirmed that the company is on track with its trainee onboarding and has begun campus recruitment for FY26, signaling proactive planning for future talent needs.
Recovery After Workforce Reduction
TCS’s recent hiring growth comes after an unusual reduction of 13,249 employees in FY24—the first workforce decline in 19 years. Despite this, TCS quickly turned its focus to growth, resuming aggressive hiring to meet business demands. The attrition rate slightly increased to 12.3% in Q2 FY25, but it remained lower than last year’s figure of 14.9%.
Financial Stability and Growth
TCS posted strong financial results, with a 5% increase in net profit, reaching Rs 11,909 crore, and a 7.6% rise in revenue to Rs 64,259 crore. This financial growth supports its workforce expansion and reflects the company’s resilience in the competitive IT services industry.
Future-Ready Workforce Strategy
Looking ahead, TCS is positioning itself for continued growth by focusing on talent acquisition and development to address clients’ complex tech needs. The company’s strategic hiring initiatives and focus on campus recruitment for FY26 are part of a long-term vision for staying at the forefront of the tech sector.
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