What's stopping TCS from filling 80,000 open positions?

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Key Points

In a recent town hall, Amar Shetye, global operations head of TCS's Resource Management Group (RMG), revealed that the company has 80,000 open positions, highlighting a mismatch between the skills of current employees and the roles needed, causing RMG to rely on contractors to fill these gaps...

An anonymous employee attending the town hall shared with TOI, "We were told that either skillsets or employee aspirations are not matching project requirements.".

Harpreet Singh Saluja, president of NITES, reported receiving complaints from candidates offered positions at top IT companies such as TCS, Infosys, Wipro, Zensar, and LTIMindtree..

Krishna Vij, business head of IT staffing at TeamLease, estimated that 3-5% of freshers hired in 2022 by top IT services companies are still awaiting onboarding due to project visibility issues and a focus on required skill sets and job readiness...

In the financial year ending in March, the combined headcount of TCS, Infosys, and Wipro decreased by nearly 64,000, as these firms over-hired during the pandemic and later shifted focus to productivity without increasing headcount. Ashwin Yardi, CEO of Capgemini India, stated that their campus hiring numbers for this year would be moderated, with last years intake being around 30,000 freshers..