TCS to hire 40,000 freshers this year: ‘India is the destination for talent’

Tata Consultancy Services (TCS) plans to hire approximately 40,000 freshers in the current financial year, the company said. In the June quarter alone, the company added 5,452 employees, pushing its total headcount to 606,998. TCS Chief HR Officer Milind Lakkad said, “India is the destination for talent, and that is not going to change in the near future. I am very confident about a positive way forward for Indian talent.”

Talking about AI’s impact on jobs, Milind Lakkad said that TCS employees are adept at adapting. This also comes as the company recently updated its variable pay policy to integrate office attendance. Milind Lakkad noted that while about 70% of employees have returned to office “the idea is not punitive but to incentivize office attendance positively.”