TCS to hire 8,500 trainees

Mumbai: IT major, Tata Consultancy Services (TCS), is looking at hiring 8,500 trainees and around 3,000 laterals in Q4 FY 10, reports PTI. Given the growth, the company anticipates more hiring in Q4, a company official said.

"We have already employed 8,703 trainees in Q3 and expect to add 8,500 more trainees in Q4 FY 10. We have also hired 3,000 laterals in Q3 and given the growth we may continue to hire in Q4 as well," said TCS' Vice President and Head, Global Human Resources, Ajoyendra Mukherjee.
During Q3, TCS had a gross addition of 12,854 employees, which includes a net addition of 7,692.

"We have had significant employee additions in Q3 and still have increased our talent utilisation to industry leading levels. We remain prepared to meet the growth in demand," Mukherjee said. The company is also continuing to hire people at its development centre in the U.S., he said

The attrition rate in Q3 was at 11.5 percent with attrition in IT services at 10.8 percent and BPO at 18.3 percent, said Mukherjee.

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