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TCS to hire 40,000 freshers in India in 2020

MUMBAI, July 14: The Tata Consultancy Services is planning to hire 40,000 freshers in India despite the coronavirus crisis this year in spite of a dip in the last quarter revenue. It is also planning to step up its US campus recruitment this year.

Sahara India was the first to announce that it will launch a recruitment drive instead of lay-offs, while most companies are retrenching employees due to the economic downturn caused by the pandemic and the lockdown.

The new TCS hires would be working on modern technologies like cloud migration and digital transformation.

TCS is not in a hurry to bring back its existing employees now working from home because of the pandemic crisis to the office. It will be a decision dependent on how the corona situation changes.

However, the firm is ready to get five per cent of its employees to begin working from offices next month. Everything will be back to normal in two quarters' time.

There is no plan for downsizing the workforce. The strength of the workforce remained at over four lakhs. The corporate income slipped by 7% last quarter from $5,059 million. The retail, fabricating and banking verticals showed negative growth. However, the life sciences and healthcare verticals made up for that.

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