TCS cuts fresher hiring sharply

Tata Consultancy Services has cut its planned campus intake for fiscal year 2027 to 25,000 fresh graduates, down from 44,000 hired in fiscal year 2026. (business-standard.com) Chief executive K Krithivasan said the company has already made 25,000 fresher offers for the current fiscal year and will decide on any additional hiring based on how client demand develops. (livemint.com) The cut follows a year in which Tata Consultancy Services still hired 44,000 freshers, one of the biggest entry-level intakes in India’s private sector. (rediff.com) The hiring pullback comes days after Tata Consultancy Services reported full-year revenue of $30.0 billion for the year ended March 31, 2026, down 0.5% from a year earlier, while operating margin rose to 25.0%, up 70 basis points. (tcs.com) That mix shows the pressure on large information technology services firms: clients are still signing contracts, but companies are trying to protect profitability while waiting for stronger discretionary spending. Tata Consultancy Services said annual contract value reached $40.7 billion in fiscal year 2026, and Krithivasan said demand has to improve before fresher hiring rises again. (tcs.com) (moneycontrol.com) For Indian engineering and college graduates, fresher hiring at Tata Consultancy Services is watched as a signal for the wider outsourcing industry because the company recruits at scale and trains new workers for client projects. (business-standard.com) Krithivasan also said the company is not linking its workforce planning to artificial intelligence replacing jobs, and described the hiring decision as a response to business demand rather than a structural shutdown of entry-level recruitment. (economictimes.indiatimes.com) For now, Tata Consultancy Services is still hiring on campuses, but at a slower pace than last year and with a clear condition: more offers will come only if clients spend more. (business-standard.com)