Synopsis
India's largest IT firm, TCS, reported a significant headcount reduction of 23,460 in FY26, ending with 584,519 employees. The company has concluded its restructuring and plans aggressive campus hiring, aiming to onboard around 40,000 freshers annually. Despite this, TCS remains cautious about FY27 hiring due to unclear global demand.Listen to this article in summarized format
However, the company has signalled the end of its restructuring phase and articulated aggressive campus hiring plans while announcing its Q4 FY26 results on April 9.
“We have already made 25,000 campus offers in India and remain on track to hire around 40,000 freshers annually,” the company’s chief human resource officer Sudeep Kunnummal told TOI.
Kunnummal added that TCS onboarded 44,000 trainees in FY26, and in the latest quarter, the company reported a net addition of 2,356 employees sequentially, supported by a mix of lateral hiring and fresher onboarding.
No more layoffs
In a statement, TCS also confirmed that its previously announced layoff cycle has now concluded. In 2025, the company had indicated plans to reduce approximately 2% of its workforce, alongside implementing stricter bench policies, which particularly impacted mid and senior-level employees.
Despite renewed hiring momentum at the entry level, TCS has not provided a hiring outlook for FY27, presumably because global demand visibility remains unclear with clients continuing to exercise caution on discretionary tech spending.
