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Tata Consultancy Services (TCS) Makes 25,000 Offers to Freshers for FY27

Tata Consultancy Services (TCS) has extended 25,000 job offers to freshers for the fiscal year 2027 (FY27), with plans to scale up hiring further based on demand conditions. According to K Krithivasan, TCS's chief executive and managing director, the company will assess the demand situation to determine the extent of hiring.

TCS has maintained its steady pace of hiring freshers, with the company having hired 40,000 or more freshers annually for at least three years. This includes a record 44,000 hires in FY26, one of the highest among private sector employers in India.

While the company has not increased its dependence on lateral hiring, its delivery model remains unchanged. Freshers typically undergo up to nine months of training before deployment, whereas lateral hires can contribute immediately. Business needs will guide hiring decisions, with TCS prioritizing the deployment of employees based on project requirements.

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Hiring Freshers (in thousands)FY24FY25FY26
TCS424144
Industry Average302832

In contrast to last year's layoffs, which affected at least 12,000 employees, Krithivasan indicated that there are no immediate plans for another round of restructuring. Employees can have thriving careers with TCS as long as they perform well, provided they adapt to changing business needs.

TCS's business conditions are described as stable, with signs of improvement in discretionary spending. Demand is visible across segments and geographies, including cost optimisation and transformation deals. The company reported total contract value bookings of $40 billion in FY26, with an improvement in the conversion of deal wins into revenue.

Krithivasan noted that clients are committing a higher proportion of work, resulting in more customers moving into higher revenue brackets. The company continues to evaluate acquisitions to strengthen capabilities, alongside partnerships such as its recent collaboration with AMD, and ongoing investments in talent.

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TCS's focus on margin expansion through operational levers such as utilisation has contributed to performance in FY26. According to chief financial officer Samir Seksaria, the company will continue to prioritize margin expansion through operational improvements.

The Indian IT services sector has seen a moderation in hiring momentum over the past year amid global macroeconomic uncertainty and slower discretionary spending. Companies have prioritized cost optimisation deals while remaining cautious on workforce expansion.

Investor Takeaway

TCS is expected to increase hiring amid improved demand, which may positively impact the company's growth prospects.

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