IT major Tata Consultancy Services (TCS) on Friday said it plans to hire 35,000 fresh graduates in the second half of the current fiscal, taking the total to 78,000 graduates for the entire financial year. The company has already hired 43,000 graduates in the last six months.
TCS added 19,690 employees on a net basis in Q2, taking the total employee base to 528,748 as of September 30. In the total workforce, women constitute 36.2% of the total base.
“It has been a full quarter in more ways than one. We have brought in a record number of 43,000 new graduates in the last six months. Our shift-left training strategy has enabled us to deploy them,” said Milind Lakkar, chief human resources officer at TCS. helped to accelerate.
“Investing ahead of time in building our pipeline of talent has helped us overcome supply-side challenges, and meet the execution timelines of our customers’ growth and transformation programs,” he added.
TCS attrition rate increased to 11.9% in the September quarter from 8.6% in the previous quarter. The company management said that it is concerned about the current level of layoffs and the trend will continue for the next two to three quarters.
The company has also unveiled its plan to get its employees back at office desks, with 70% of its employees fully vaccinated and more than 95% getting at least one shot.
The TCS management said it is inviting already fully vaccinated senior level employees to return to the office.
Don’t miss a story! Stay connected and informed with Mint.
download
Our App Now!!
.