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TCS headcount drops by 23460 in FY26 but CHRO says layoffs are paused for now
Business
Published on 24 April 2026
Restructuring done and hiring returns, but FY27 uncertainty lingers
India’s biggest IT services firm TCS cut 23,460 employees in FY26, taking its strength to 584,519. The company says restructuring is complete and it plans aggressive campus hiring, targeting about 40,000 freshers every year. Still, TCS is holding back on clearer FY27 hiring plans as global demand remains uncertain, despite no more layoffs for now.
- TCS headcount fell by 23,460 in FY26 to 584,519
- Restructuring has ended, and freshers hiring is set to ramp up
- Target is around 40,000 campus hires annually
- FY27 hiring remains cautious due to murky global demand
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times