tcs: TCS reports dip of 5,680 employees during December quarter
IT major Tata Consultancy Services reported a net fall of 5,680 employees in headcount in the third quarter (Q3) of FY24 taking the overall headcount to 603,305 as on December 31, 2023.
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The headcount in the December quarter fell by 10,669 compared to the year-ago period.
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Milind Lakkad, chief HR officer, said as the employees are back in offices, the company expects to be back to its “normal operating mode by the end of the current fiscal year.”
“We are committed to hiring from college campuses and growing talent organically. We have commenced our campus hiring process for the next year and see tremendous excitement among freshers to
join TCS,” he added.
Meanwhile, TCS had reported a net fall of 6,333 employees in headcount in the quarter ended September. The headcount in the September quarter fell by 7,186 compared to the year-ago period.
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For the quarter ended December 2023, Lakkad said attrition is trending down and is at 13.3% which “is now in our range of comfort”. The voluntary attrition for the previous quarter stood at 14.9%.
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IT major Tata Consultancy Services reported a net fall of 5,680 employees in headcount in the third quarter (Q3) of FY24 taking the overall headcount to 603,305 as on December 31, 2023.
![]()
The headcount in the December quarter fell by 10,669 compared to the year-ago period.
Elevate Your Tech Prowess with High-Value Skill Courses
| Offering College | Course | Website |
|---|---|---|
| IIM Kozhikode | IIMK Senior Management Programme | Visit |
| Indian School of Business | ISB Professional Certificate in Product Management | Visit |
| IIM Lucknow | IIML Executive Programme in FinTech, Banking & Applied Risk Management | Visit |
Milind Lakkad, chief HR officer, said as the employees are back in offices, the company expects to be back to its “normal operating mode by the end of the current fiscal year.”
“We are committed to hiring from college campuses and growing talent organically. We have commenced our campus hiring process for the next year and see tremendous excitement among freshers to
join TCS,” he added.
Meanwhile, TCS had reported a net fall of 6,333 employees in headcount in the quarter ended September. The headcount in the September quarter fell by 7,186 compared to the year-ago period.
Discover the stories of your interest
For the quarter ended December 2023, Lakkad said attrition is trending down and is at 13.3% which “is now in our range of comfort”. The voluntary attrition for the previous quarter stood at 14.9%.
Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.
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