TCS quarter-on-quarter hiring dropped by 90% in first three months of FY2024

India's largest IT services company Tata Consultancy Services saw a massive drop in hiring in the first quarter of the fiscal year 2024. The company added a net 523 employees during the first quarter of FY24, as against 821 in the previous quarter. The company had added over 20,000 employees during the same quarter last year. This means a plunge of over 90%. The numbers reflect a significant slowdown in hiring at the IT major.

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