Tata Consultancy Services: HR News, Trends & Workplace Insights

Latest Tata Consultancy Services HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Tata Consultancy Services.

Updated on: Apr 2023
TCS CEO-designate K Kirthivasan on return to office plan
Industry

TCS CEO-designate K Kirthivasan on return to office plan

An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) has recently appointed K Krithivasan as the new CEO designate of the company, effective June 1. He has expressed his views on certain topics. Work from Office Earlier, TCS asked its employees to work in the office for at least three days a week. […]

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TCS CHRO: Expect attrition to drop close to 12-13% by H2FY24
Industry

TCS CHRO: Expect attrition to drop close to 12-13% by H2FY24

According to the reports, Tata Consultancy Services Chief Human Resources Officer Milind Lakkad (TCS CHRO) expects the attrition to drop close to 12-13% by H2FY24. The attrition for every quarter has seen a deep fall to 20.1 percent, continuing its downward trend from last quarter’s. TCS has reported attrition in Q3FY23 stood at 21.3 percent, a slight decline from […]

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TCS Salary Hike: Top-performing employees to get 12-15% hike
Compensation

TCS Salary Hike: Top-performing employees to get 12-15% hike

According to reports, Tata Consultancy Services (TCS) is expected to revise the salary of employees as usual. Milind Lakkad, the Chief Human Resources Officer said, “It is expected that the top performers will receive a 12-15 percent salary hike.” According to the ET Now report, TCS employees are expected to get a 100 percent variable payout for the […]

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TCS Hired 22,600 Employees On Net Basis In FY23
Industry

TCS Hired 22,600 Employees On Net Basis In FY23

Tata Consultancy Services (TCS) reported its consolidated financial results according to Ind AS and IFRS, for the quarter and full year ending March 31, 2023. The company added 22,600 employees during FY23. There has been a steep decrease as compared to its net addition in FY22. Milind Lakkad, Chief HR Officer, said: “As we grow the TCS […]

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TCS will announce Q4 results for FY 2023 on April 12, 2023
Industry

TCS will announce Q4 results for FY 2023 on April 12, 2023

India’s largest IT services provider giant, Tata Consultancy Services will announce its results for the fourth quarter of FY 2023, which ended March 31 on April 12 (Wednesday). The results will be declared after market trading hours, the company said in a filing on BSE dated March 31. The company said, “A meeting of the Board of […]

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Should Indian IT companies worry after Accenture 2023 growth guidance?
Industry

Should Indian IT companies worry after Accenture 2023 growth guidance?

The Accenture results have more positives than negatives for the Indian IT industry. The company reported financial results for the second quarter of fiscal 2023, which ended on February 28, 2023. The company reported revenues of $15.8 billion, an increase of 5% in U.S. dollars and 9% in local currency over the same period last […]

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US, Europe banking woes may impact Indian IT firms; TCS, Infosys, Wipro
Industry

US, Europe banking woes may impact Indian IT firms; TCS, Infosys, Wipro

According to JP Morgan reports, US and European banks are currently facing a financial crisis. And this will adversely affect India’s two big IT companies Tata Consultancy Services (TCS) and Infosys. The reports suggested that the regional banks in the US account for 2-3 percent of their total revenue. However, TCS, Infosys, and Mindtree may […]

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Will Rajesh Gopinathan accept an advisory role at Tata Group?
C-Suite Move

Will Rajesh Gopinathan accept an advisory role at Tata Group?

After a stellar career of over 22 years with Tata Consultancy Services (TCS) and a successful stint as Managing Director & CEO during the last 6 years, Rajesh Gopinathan has decided to step down from the company to pursue his other interests. He will continue with the company till 15th September 2023 and the Board has nominated […]

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TCS iON is hiring freshers 2018– 24, last day to register March 30
Hiring

TCS iON is hiring freshers 2018– 24, last day to register March 30

TCS iON, a strategic unit of Tata Consultancy Services is hiring freshers for 2018- 2024 batches through TCS National Qualifier Test (TCS NQT). TCS iON is focused on Manufacturing Industries (SMB), Educational Institutions, and Examination Boards. It provides technology by means of a unique IT-as-a-Service model, offering end-to-end business solutions. Also Watch, What is Career […]

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TCS MD Gopinathan quits, Krithivasan appointed CEO-designate
C-Suite Move

TCS MD Gopinathan quits, Krithivasan appointed CEO-designate

After a stellar career of over 22 years with Tata Consultancy Services (TCS) and a successful stint as Managing Director & CEO during the last 6 years, Rajesh Gopinathan has decided to step down from the company to pursue his other interests. The Board of Directors has considered his request and accepted the same. Mr. […]

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TCS Internship Program for Freshers, Apply Here
Hiring

TCS Internship Program for Freshers, Apply Here

An Indian multinational information technology services and consulting company, TCS is inviting applications for Internship Program for freshers. Commenting on the Internship Program the company said, “TCS makes it possible for you to achieve your fullest potential. We nurture our talent and equip them to contribute to the creation of a better future.” “With exciting […]

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TCS feels AI like ChatGPT will be a co-worker, will not replace jobs
Industry

TCS feels AI like ChatGPT will be a co-worker, will not replace jobs

India’s largest IT services provider company, Tata Consultancy Services (TCS) feels that Generative AI like ChatGPT will be a co-worker for the employees and it will not replace jobs. Milind Lakkad, the Chief Human Resources Officer, TCS shared his view that generative artificial intelligence platforms like ChatGPT will create an “AI co-worker” and not replace jobs. […]

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