It is learnt that India-based Tata Consultancy Services Ltd (TCS) has recently added 70,000 employees to its payroll. This comes from the high demand of the company?s outsourcing services.
TCS, Asia?s largest computer-services provider uses low cost IT workers to replace more expensive labor in the developed countries. The company has been in association with some top players in the industry such as Deutsche Bank AG, Hilton Worldwide Inc and Air Liquide SA.
?As long as there?s growth, you don?t want to leave business on the table,? said Ajoyendra Mukherjee, Tata Consultancy?s vice president for human resources. ?What we?re trying to do is make sure the supply chain is large enough to meet our growth requirements in the future.?
TCS has reported a record annual income of $2 billion in the last fiscal year; and is reportedly looking to hire an additional 60,000 by the year end.