TCS to Hire 40,000 Freshers in FY25, Aiming for Even Higher Numbers in FY26
Tata Consultancy Services (TCS), one of India’s largest IT services firms, has announced plans to hire 40,000 fresh graduates in FY25, with the potential for even higher recruitment numbers in FY26. The announcement marks a revival of campus hiring in the IT sector after a year-long pause.
TCS Chief Human Resources Officer Milind Lakkad revealed these ambitious hiring goals in an interview with The Economic Times. The recruits will undergo training in cutting-edge technologies, including Artificial Intelligence (AI) and Generative AI (GenAI), to prepare them for the evolving tech landscape.
“I expect that number to go up a bit more in FY26,” said Lakkad, emphasizing the company’s commitment to talent development.
In addition to fresh graduates, TCS is focusing on senior-level hiring to leverage growth opportunities in key business verticals. This strategic move aligns with the company’s expectation of broad-based demand growth across multiple sectors.
Resumption of Campus Hiring
After a long hiring pause, the IT sector, including TCS, is resuming campus recruitment. To ensure industry readiness, TCS plans to collaborate with technology vendors, academic institutions, and hyperscalers. These partnerships will deliver specialized courses during the final semester, enabling a seamless transition for students into the workforce.
“We’ve established a tripartite arrangement involving ourselves, the technology vendor, and academic institutions to prepare students for rapid workforce integration,” Lakkad explained.
A Shift Back to Office Culture
TCS has moved away from remote work, requiring employees to work from the office five days a week. This policy aims to strengthen workplace culture, enhance collaboration, and foster valuable learning opportunities.
Despite challenges, including a dip of 13,249 employees in FY24—the first annual reduction in 19 years—TCS remains optimistic. Attrition rates, though slightly up to 12.3% in the most recent quarter, are lower than the 14.9% recorded in the same quarter last year.
Financial Performance in Focus
On the financial front, TCS reported a 5% increase in net profit, reaching ₹11,909 crore for Q2 FY24. However, this fell short of market expectations. Revenue for the quarter rose 7.6% year-over-year, totaling ₹64,259 crore.
As TCS prepares to expand its workforce and invest in talent, the company remains poised to capitalize on growth opportunities, setting the stage for a robust FY25 and beyond.
