TCS headcount drops by 11,000 in Q3 after 19,000 in last quarter

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India’s largest IT services company Tata Consultancy Services (TCS) reduced its workforce by 11,151 employees during the October to December quarter, marking a consecutive quarter of headcount reduction.

At the end of the December quarter, TCS had 582,163 employees, lower than the September quarter’s count of 593,314, the Mumbai-headquartered firm reported.

In the previous quarter, the company had reported a net reduction of 19,755 employees, taking its total workforce below six lakh.

The voluntary attrition rate on a trailing 12-month basis stood…



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TCS headcount drops by 11,000 in Q3 after 19,000 in last quarter



India’s largest IT services company Tata Consultancy Services (TCS) reduced its workforce by 11,151 employees during the October to December quarter, marking a consecutive quarter of headcount reduction.

At the end of the December quarter, TCS had 582,163 employees, lower than the September quarter’s count of 593,314, the Mumbai-headquartered firm reported.

In the previous quarter, the company had reported a net reduction of 19,755 employees, taking its total workforce below six lakh.

The voluntary attrition rate on a trailing 12-month basis stood…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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