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TCS Adds 9,840 Employees in Q2FY23, Lower Than Q1; Attrition Rate Continues To Rise

Last Updated: October 10, 2022, 17:47 IST

TCS’ workforce as on September 30, 2022, stood at 616,171.

TCS’ attrition rate in IT services stood at 21.5 per cent during September 2022 quarter, which is higher than the 19.7 per cent registered in the previous quarter

India’s largest IT services company Tata Consultancy Services (TCS) on Monday reported a net addition of 9,840 employees during July-September 2022. With this, the company’s workforce as of September 30, 2022, stood at 6,16,171. The net addition during Q2FY23 is lower than the 14,136 net addition recorded in the previous quarter.

“TCS’ workforce was at 616,171 as on September 30, 2022, a net addition of 9,840 during the quarter. The workforce continues to be very diverse, comprising 157 nationalities and with women making up 35.7 per cent of the base. TCS has been meeting demand for services around new technologies by continually investing in organic talent development,” TCS said in a BSE filing on Monday.

Its attrition rate in IT services stood at 21.5 per cent during the September 2022 quarter, which is higher than the 19.7 per cent registered in the previous quarter. The attrition rate in the March quarter was 17.4 per cent.

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