40,000 Job Offer for Freshers in TCS- Check Details Here. TCS-Tata Consultancy Services officials announced that the company decided to appoint 40,000 employees in this fiscal year 2022. TCS employs over 6 lakh around the world, the bulk of them in India. During the quarter, there was a net headcount addition of 14,136 employees. To know further details stay tuned with us.
As per Shamir Sectarian, chief financial officer of TCS, “On the hiring perspective, 40,000 remains (the target) and we are on track”. The company reveal that its first quarter results, missing analyst estimates for June-quarter profit by a wide margin, as India’s top IT exporter battled cost challenges despite strong deal momentum.
As per CFO, “It has been a challenging quarter from a cost management perspective. Our Q1 operating margin of 23.1% reflects the impact of our annual salary increase, the elevated cost of managing the talent churn and gradually normalizing travel expenses. However, our longer-term cost structures and relative competitiveness remain unchanged, and position us well to continue on our profitable growth trajectory”.
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