TCS to recruit 40,000 employees in the current financial year

India’s largest tech giant – Tata Consultancy Services (TCS) – is set to hire 40,000 people in the financial year 2022-23, the company said while announcing its results on Thursday. Despite the economic slowdown due to the coronavirus pandemic, the tech giant hired 40,165 employees in the IT domain in 2021.

Announcing its results, TCS said that the organization had recruited 35,209 employees on a net basis for the quarter ended March 31 this year, which is the highest ever net addition in a quarter.

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The company added one lakh freshers from campuses in FY22 against the stated target of 40,000. TCS further informed that it has set a similar target of 40,000 for FY23 as well.

Rajesh Gopinathan, Chief Executive Officer and Managing Director, TCS said, “We have seen significant growth in the company’s revenues in line with the current target of 2022.” The number of employees in TCS is 5,92,125.

Presently, TCS is recruiting under TCS Atlas Hiring Category which is for MSc and MA graduates of the year 2020, 2021 and 2022. Selected candidates will have to clear an exam and an interview. The registrations are open on tcs.com and will close on 20th April.

Meanwhile, the TCS digital hiring drive, under which the tech giants hire freshers from various streams including BE, BTech, ME, MTech, MCA and MSc, concludes today.

Not just TCS, top tech giants including Infosys are planning to hire this year. Software major Infosys on Thursday informed reporters during a press conference after announcing its fourth quarter earnings that it has hired 85,000 freshers – both off-campus and on-campus – in the financial year ended March 31, 2022. was kept. It is expected to hire 50,000. This year also freshers.

Major IT companies like TCS, Infosys, Wipro, HCL, Cognizant and Capgemini are planning to hire thousands of new employees this year and experts estimate that the number could go up to 3 lakhs this year.

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