(20 second reading) For the first time in 19 years, the headcount in TCS has declined, ever since the company was listed in 2004, the company reported.
TCS revealed on April 12 that its headcount has declined by 13,249, bringing down the number of the employee base to 601,546 in the financial year 2023-24.
Headcount refers to the number of people working in a company or in a particular department over a given period of time.
The net addition of new employees was just 22,600 in the whole year.