TCS sees net headcount drop for first time in 2 decades
Tata Consultancy Services (TCS) on Friday revealed that its headcount dropped by 13,249 employees (year-on-year) during the financial year 2023-24 (FY24). This is the first time in 19 years that the leading IT software company witnessed a drop in headcount.
TCS saw a decrease of 1,759 employees in the fourth quarter (Q4) of FY 2024 (January to March). Pic: Reuters