India – TCS to hire 55,000

IT giant TCS is believed to be undertaking a significant performance-related restructuring of its workforce, which may also lead to some employees being asked to leave the company. Sources said that the restructuring exercise could affect both onsite and offsite positions across various verticals, even as the company said it is on track to meet hiring target of 55,000 professionals this fiscal.

Most affected by the restructuring drive could be middle-to-senior level positions, sources said, while adding that some employees may be offered positions at vendors working with TCS.

Chosen excerpts by Job Market Monitor. Read the whole story at TCS to restructure workforce, plans to hire 55,000 – The Times of India.