TCS sees decline in headcount, attrition rises slightly

Tata Consultancy Services (TCS) reported a net decline of 5,370 employees in the October-December quarter, marking a reversal after two consecutive quarters of headcount growth. The company’s total workforce now stands at 607,354, reflecting ongoing adjustments in its operational dynamics.

The decline comes amid a challenging quarter for TCS, with subdued performance in key markets, including North America. Despite the headcount reduction, TCS emphasised that workforce numbers are influenced by multiple factors, such as productivity, utilisation, and organisational structure, rather than being directly tied to business growth.