TCS cut 23,460 jobs and hired over 44,000 freshers in FY2026

Tata Consultancy Services shed 23,460 employees in FY2026, mainly in middle and senior grades, while hiring more than 44,000 freshers. Revenue grew 4.6%, down from 6% a year earlier, but revenue per employee rose 3.4%.

• Job cuts hit middle and senior grades hardest
• Fresher hiring rose from 42,000 to over 44,000
• Revenue growth slowed from 6% to 4.6%
• Revenue per employee increased 3.4%