Bharat Express

Tata Consultancy services

In FY24, Tata Consultancy Services (TCS), India's foremost IT firm, experienced a decline in hiring activities. The company's workforce saw a reduction of 1,759 employees, coupled with a 12.5% attrition rate.

In October of the previous year, the IT giant instructed its employees to be present in the office for a minimum of five days per week.

The first quarter of the fiscal year 2024 (April to June 2023) witnessed a net addition of 523 people at Tata Consultancy Services (TCS).

Following whistleblower allegations around hiring scams, Tata Consultancy Services has taken action against the people accountable for conducting the scandal.

the chairman of the IT behemoth, Tata Consultancy Services, penned for its shareholders, he addressed that the company is investing in AI technology in order to keep up with the industry.

Tata Consultancy Services (TCS) is developing a similar generative AI Tech like ChatGPT that will be utilized for generating enterprise code.

The largest IT services provider in India, TCS, will keep investing at the same rate in R&D and office space. It will also invest in technology infrastructure as it navigates near-term volatility

 India’s top IT company, Tata Consultancy Services profit soared 14.7 per cent to Rs 11,392 crore net profit in the quarter that ended March 2023 as compared to Rs 9,926 in the prior year.

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