TCS: Tata Consultancy Services, a major company in the IT sector, is said to be hiring 42,000 freshers in the financial year 2026.
TCS: Tata Consultancy Services, a major company in the IT sector, is said to be hiring 42,000 freshers in the financial year 2026. It is also said that the decision on salaries and wage hikes is still undecided due to uncertainty in the demand environment.
At the end of the financial year 2025, the number of employees in TCS was 6 lakh 07 thousand 979, as the company added 625 employees in the fourth quarter. So, this year, the company will be giving job opportunities to 42 thousand freshers.
We will decide on salary hike within a year- Milind Lakkad
Speaking on the matter, TCS Chief Human Resources Officer (CHRO) Milind Lakkad said, “We have onboarded 42,000 trainees in FY25 and the number will be the same or slightly higher in FY26. Meanwhile, we will take a decision on salary hikes during the year, keeping in mind the uncertain business environment.” He also said. While recruiting from campus is strategic for the company, the new hires will depend on the overall business environment and skill requirements, he added.
Expect CY25 to be better than CY24
TCS’s attrition rate increased to 13.3% in the fourth quarter from 13% in the previous quarter. In fact, management has stated that the change in attrition rate is not a matter of concern, as the quarterly annual attrition rate has come down by 130 basis points. In line with market expectations, TCS announced its fourth-quarter results on Thursday.
The company is feeling the impact of the current geopolitical developments due to the tariffs announced by the US government. With wage hikes remaining uncertain, TCS is seeing an improvement in market sentiment and a revival in discretionary spending due to the tariff talks. Management has said that there is a delay in decision-making and project initiation. However, based on the current order book, CY25 is expected to be better than CY24.
TCS is looking to hire talent for specific and new technology skills and is planning to recruit talent from different geographies, even internationally. The CHRO also said that the company will not have an impact on recruitment as the AI for Business programs will create new opportunities and require more people, he added.
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