TCS to hire up to 1.5 lakh staff in FY24

11 Jan 2023 , 08:48 AM

Tech giant TCS (Tata Consultancy Services) has announced that it is planning to hire up to 1.5 lakh people in the next fiscal year, the company said while announcing its quarterly results.

The software firm reported a decline of 2,197 people in its employee base for the October-December period to 6.13 lakh. The Tata group company, however, made it clear that this was due to the higher hiring done over the last 18 months, and not driven by the demand environment.

‘If you look at our overall hiring trends, we are continuing to hire probably at the same level. We should be hiring in the range of 1,25,000-1,50,000 people next year. It’s an ongoing confidence in the medium-term, long-term view that we have,’ Chief executive and managing director Rajesh Gopinathan told reporters.

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