Insta
TCS Employee Count Surpasses 5 Lakh Mark, IT Giant To Recruit 40,000 Fresh Graduates In India This Year
Swarajya Staff
Jul 10, 2021, 04:26 PM | Updated 04:26 PM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Information Technology (IT) company Tata Consultancy Services (TCS) would offer campus placements to about 40,000 fresh graduates in India this year.
TCS will also rope in around 2,000 new graduates from the United States (US) and Latin America to boost its workforce and meet the increasing demand for its services on an international scale.
Moreover, TCS has also warded off apprehensions of startups and other rivals regarding the increasing wages of tech employees in India and said there is no shortage of good talent.
The firm's COO N G Subramanian told The Economic Times, "There is no dearth of supply, as far as India is concerned. There's nowhere else in the world that you will get such phenomenal talent and the scale that it will get in India."
He added that India's tech talent salaries remain highly competitive, which has led to the international companies pursuing the Indian workforce in this aspect.
Meanwhile, TCS became the first Indian IT company to surpass the figure of a 5,00,000-employee strong workforce as it reported a total headcount of 5,09,058 after the first quarter of FY22.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.