TCS' workforce increases to 6,16,171 as on Sept 30

11 Oct 2022 , 09:19 AM

Tata Consultancy Services (TCS) has announced that its workforce stood at 616,171 as on September 30, 2022, having a net addition of 9,840 during this quarter. The workforce comprisies of 157 nationalities and with women making up 35.7% of the base.

TCS said that the company has been meeting demand for services around new technologies by continually investing in organic talent development. In Q2, TCSers clocked 11.7 million learning hours, resulting in the acquisition of 1.5 million competencies.

Further, IT services attrition was 21.5% on the last twelve months’ basis. With normalizing wage expectations and talent supply catching up across the industry, the company expects attrition to start to taper down in H2.

At around 9:19 AM, Tata Consultancy Services Ltd is currently trading at Rs3,126.15 per share up by Rs4.95 or 0.16% from its previous closing of Rs3,121.20 per share on the BSE.

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