TCS headcount down by over 5K; attrition rose 13%, promoted 25K in Q3

After two consecutive quarters of headcount growth, Tata Consultancy Services (TCS) on Thursday reported a fall of over 5,000 in total employees for the third quarter of the current financial year (Q3FY25). The company, however, said that FY26 hiring will be better than FY25’s.

TCS, India’s largest IT services firm, saw its headcount decline by 5,370 for Q3FY25. This has happened as the firm saw its attrition go up to 13 per cent from the preceding quarter’s 12.3 per cent.