TCS to hire 40,000 freshers

Tata Consultancy Services (TCS) has announced its plans to hire 40,000 freshers this year, continuing its strong recruitment drive. This move comes as the global IT sector undergoes changes, and India remains a key hub for talent. In the June quarter alone, TCS added 5,452 employees, bringing its total workforce to 6,06,998.

TCS Chief HR Officer Milind Lakkad said, "India is the destination for talent, and that is not going to change in the near future. I am very confident about a positive way forward for Indian talent.” Lakkad emphasized how TCS has implemented substantial reskilling and upskilling initiatives in an effort to close the skills gap between university and industry. The goal of these programs is to assist employees in adjusting to new work environments and technology.In response to concerns about how artificial intelligence (AI) will impact the workforce, Lakkad gave reassurance that although technology is changing the nature of work, TCS personnel are skilled at adapting.

The incorporation of office attendance into the company's variable compensation policy was recently updated. Milind Lakkad observed that almost 70% of workers have returned to office. He said, “We have come to a point where with just 70% plus number I'm very happy. The point of whether we continue for one quarter, two quarters, three quarters or for the year is something we'll decide. This is not something that we want to do to punish people. This is the last measure we have taken now. The last measure we have taken to basically make sure that people who do not understand or have not yet understood the value of coming to work, they do understand.” He added, “Whatever variable pay is taken out is fed back to the people who are coming in. It is not that the company is using that money in any other way, but it is going back to the people."