LTM keeps headcount steady at 87,886 in June quarter as hiring remains cautious

LTM ended the quarter with a stable workforce, showing improved employee utilization. The company reported strong financial performance with increased net profit and revenue. Meanwhile, Tata Consultancy Services added over nine thousand new employees during the same period. This indicates a recovery in hiring at some large IT firms. Companies are focusing on productivity and measured expansion of their workforce. LTM ended Q1FY27 with a workforce of 87,886 employees, down by 64 from the prior quarter, indicating that hiring remained largely stable even as the company reported strong financial performance. Employee attrition, on a trailing 12-month (TTM) basis, was 13.3%, while utilisation improved by 70 basis points sequentially to 86.4%, implying that a larger share employees were deployed on projects.