TCS headcount down by 5,370; says campus hiring on track

BENGALURU: TCS, which onboarded more employees in Q1 and Q2, reported a net decline of 5,370 employees in the third quarter. The company’s total workforce as of December 31, 2024, stood at 6,07,354 and attrition rate at 13%.

The IT services company added 5,726 employees in the September quarter, and 5,452 employees in Q1. It onboarded 11,000 trainees in both first quarter and second quarter of the current financial year (FY25).