TCS: HR News, Trends & Workplace Insights

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

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 is hiring Interns, Freshers, MBA Graduates; last date April 20
Hiring

TCS is hiring Interns, Freshers, MBA Graduates; last date April 20

Tata Consultancy Services (TCS) is hiring for various roles including Internship, freshers, and MBA graduates Year of Passing 2022 & 2023. TCS Management Hiring is the recruitment of Management Postgraduates for permitted specializations. It has been organized for pan India candidates of 2022 & 2023 Year of Passing (YoP) for the following specializations: Click Here to […]

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Infosys Q4FY23, Total Headcount Dropped By 3,611
Industry

Infosys Q4FY23, Total Headcount Dropped By 3,611

Infosys, a global leader in next-generation digital services and consulting, announced results for the fourth quarter and year ended March 31, 2023, on Thursday, April 13, 2023, around 3.45 p.m. Indian Standard Time (IST) (6:15 a.m. ET; 3:15 a.m. PST; 11:15 a.m. London time; 6:15 p.m. Singapore/Hong Kong time). Infosys Chief Financial Officer Nilanjan Roy said, “Our […]

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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 & IT companies delay onboarding of freshers, cut variable pay
Compensation

TCS & IT companies delay onboarding of freshers, cut variable pay

According to the reports to Business Today, IT companies including TCS, Wipro, and many others are facing an economic slowdown. The report also suggests that IT companies may still delay the onboarding of freshers candidates. The report also suggested that as far as the variable payouts are concerned they have been dull to date in […]

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TCS MBA Off Campus Hiring for Batch 2022-2023, last date 20 Apr
Hiring

TCS MBA Off Campus Hiring for Batch 2022-2023, last date 20 Apr

An information technology services and consulting company, Tata Consultancy Services (TCS) is conducting hiring for MBA for the batches of 2022 & 2023. TCS Management Hiring is the recruitment of Management Postgraduates for permitted specializations. The company has been organized for pan India candidates of 2022 & 2023 Year of Passing (YoP) for the following specializations: […]

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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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IT services companies plan to cut 5% of the BFSI workforce
Layoffs

IT services companies plan to cut 5% of the BFSI workforce

The US and European banks are currently facing a financial crisis. This will adversely affect India’s many IT services companies including Tata Consultancy Services (TCS), Wipro, HCL, 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 have an exposure of 10-20 basis […]

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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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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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