Tata Consultancy Services (TCS) has announced its second-quarter results last week. The company is planning to recruit more than 35,000 freshers in the second half of the current financial year.
The company has already added 43,000 freshers in the first six months of this financial year. That means the IT major will hire a total of 78,000 fresh graduates for the full financial year.
TCS reported attrition of 11.9% in Q2. Although the attrition rate is the lowest among peers, it has gone up from the previous quarter’s 8.6 per cent, ending on June 30.
Milind Lakkad, Global CHRO, TCS has expressed concern over rising levels of attrition and said “We believe the current levels of attrition will continue for the next two to three quarters.”
“We may have to increase the volume or velocity of our hiring a bit more than what we usually do because of increased attrition,” he added.
TCS Smart Hiring
The company has started “TCS Smart Hiring for Year of Passing 2020, 2021 & 2022” Under this program, IT Major is hiring exclusively for BCA, B. Sc (Math, Statistics, Physics, Chemistry, Electronics, Biochemistry, Computer Science, IT), B. Voc in CS / IT from the year of passing 2020, 2021 & 2022.
Students who perform exceptionally during our TCS Smart Hiring selection process will get an opportunity to join TCS Ignite – TCS’ unique ‘Science to Software’ program. This program trains you on trending technologies and will open the doorway to a wholistic and global IT career for you
For more details on eligibility criteria, and how to apply, kindly click here. Registration ends on 2nd November 2021.
The company reported a total of 36.2% of women employees in the workforce. It has added 19,690 employees in Q2FY22 and the total headcount reached 528,748 as of September 30, 2021.
Mumbai headquartered IT Major has reported a 29% rise in consolidated net profit at Rs. 9,624 crore in the September quarter, while the revenue rose 17%.