TCS To Hire 10,000 Staff In U.S. By 2022
The IT company has hired over 21,500 employees in the past five years in the U.S.
Tata Consultancy Services Ltd. on Wednesday it has seen a surge in demand for its services and expects to recruit 10,000 individuals in the U.S. by 2022.
The Mumbai-based company has hired over 21,500 employees in the past five years in the U.S.
"TCS has been among the top two U.S. recruiters of IT services talent, hiring more than 21,500 employees in the past five years alone. With technology emerging as central to U.S. enterprises' ability to respond and recover from the pandemic, TCS has seen a surge in demand for its services," the software firm said in a statement.
To support this growth, the company expects to recruit an additional 10,000 individuals in the U.S. by 2022, it added.
Over the past few years, Indian IT firms have significantly increased hiring in the U.S. and other international markets as these countries have taken steps to tighten their work visa regimes.
TCS' consolidated headcount stood at 4,53,540 as of Sept. 30, 2020, with a diverse workforce comprising 147 nationalities.
The company reported 4.1% sequential growth in revenue to $2.7 billion from North America in the September 2020 quarter. The region accounts for about half of the company’s topline.
TCS said it has invested in its TCS Pace Port co-innovation and advanced research centre at the Cornell Tech campus in New York and similar Pace Ports will be launched in 2021 in TCS Hall on the campus of Carnegie Mellon University and at other locations across the country.
The IT services major has also been investing in local communities across the US, focusing on education and wellness. In 2019, more than 18,500 of its U.S. employees volunteered for TCS' flagship education platforms, it added.
"Our sustained investments in local talent development and in creating co-innovation ecosystems and infrastructure have significantly enhanced our brand and made us the preferred partner for leading US corporations in their growth and transformation journeys," TCS Chairman of North America Surya Kant said.