News > TCS' attrition rate inches lower to 21.3% in Q3, employees headcount reduces by 2,197

TCS' attrition rate inches lower to 21.3% in Q3, employees headcount reduces by 2,197

09/01/2023 11:01 PM | Click to read full article

IT giant Tata Consultancy Services' (TCS) attrition rate for the quarter ending December 31, 2022, inched lower to 21.3%. TCS expects attrition rate to drop further in the company quarters. The company carried layoffs during the Q3 of FY23 as its workforce was reduced by 2,197 employees. TCS workforce stood at 613,974 by end of the Dec 2022 quarter. This would be a net reduction of 2,197 employees compared to a headcount of 616,171 employees in the Sep 2022 quarter.

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