TeamLease Services Targets 10,000+ H2 Headcount Additions; CFO Sees Strong Hiring Pipeline
ET Now · 06 Nov 2026 · 6 min
Management interview of TeamLease Services Ltd (TEAMLEASE), with 3 key numbers discussed.
- Ramani Dathi, CFO, TeamLease Services
TeamLease Services reported a 6,000 headcount dip in general staffing in Q2 FY27 after losing one large mandate, but management confirmed that planned low-margin exits are now fully complete. The company is targeting over 10,000 net headcount additions in H2 FY27 across general staffing and apprenticeship businesses, supported by 16,000 active open positions and festive demand. Management anticipates vendor consolidation benefiting organized staffing players following labor code and PF ceiling revisions. Pass-through of revised PF costs will start reflecting in revenue growth from Q3 FY27, along with incremental markups. Additionally, clients are selectively re-hiring humans for roles previously automated by AI due to cost-productivity dynamics.