TCS to hire 15,000 in Q4, to exceed hiring target for FY12

Software major TCS on Tuesday said it will hire close to 15,000 people in the January-March quarter and with addition the company will exceed its target of hiring 60,000 people for the 2011-12 fiscal.
“If you look at the gross, we have already done 51,000 and as far as this quarter is concerned, we will do close to 15,000 more. So the 60,000 number will go up,” TCS Vice-President and Head (Global HR) Ajoy Mukherjee told reporters here.
At the beginning of the year, TCS had said it expected to hire about 60,000 people during FY 2012.
The company has added 18,907 (gross) and 11,981 (net) employees during the October-December quarter, taking its total headcount to 2,26,751 employees.
In the previous quarter, TCS added 20,349 people, which was the highest addition by the company in any three-month period. The attrition rate during the third quarter fell to 12.8 per cent, Mukherjee added.
TCS today reported an 18.26 per cent jump in consolidated net profit to Rs 2,802.77 crore for the quarter ended December 31, 2011 as compared to a net profit of Rs 2,301 crore in the year-ago period.