IT major Tata Consultancy services (TCS) on Friday said it plans to hire 35,000 fresh graduates in the second half of the current financial year, taking the total to 78,000 for full financial year. TCS added 19,690 employees on a net basis in Q2, taking the total employee base to 528,748 as of September 30. TCS attrition rate has increased to 11.9% in the September quarter, up from 8.6% in the previous quarter. The company management said it is concerned about the current attrition levels and that the trend would continue for next two to three quarters. TCS management said it is already inviting fully vaccinated senior level employees to return to office.

Source: Mint October 08, 2021 15:00 UTC