Tata Consultancy Services’ Placements and Training Opportunities Will Contribute to the Human Resource Ministry’s National Employment Target to Support Malaysia’s Covid-19 Exit Strategy

KUALA LUMPUR, July 13, 2021: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organisation, is expanding its jobs creation programme in the technology sector – driving growth in the digital economy and supporting efforts by the Ministry of Human Resources to expand access to high-quality career opportunities in Malaysia.

TCS Malaysia’s career and graduate training opportunities will be cross-listed in the Human Resources Development Fund Placement Centre (HPC) launched by the Human Resource Development Fund (HRDF), a one-stop portal that matches employers from a wide range of industries and sectors to the right candidates. The HPC aims to fill immediate vacancies, offer training and development opportunities, besides addressing the talent skill gap as well as connecting workers with an expansive list of coaches and trainers for career counselling and advice.

Currently, TCS has listed close to 400 high-skilled jobs in the HPC, including business analysts, cybersecurity specialists, cloud engineers, enterprise architects, full stack developers and UI/UX designers. Additionally, TCS is offering its globally successful Initial Learning Programme (ILP) – a two-month learning and hands-on training programme for fresh graduates that plugs the skills gap – to new recruits. ILP focuses on developing technology skills such as coding, data analytics and software or application development, as well as soft skills such as problem solving, creativity and communication skills.

Since the ILP’s launch in 2020, TCS Malaysia has successfully hired 100 fresh graduates during the pandemic across four intakes, and placed them in projects within the company. Another 50 positions for fresh graduates will be offered in the upcoming ILP intake for August 2021.

We are working closely with Malaysian government agencies to create more digital jobs for Malaysia. TCS is supporting national efforts to fill the digital skills gap and create well-paying jobs in the technology sector for Malaysian youths. Working with HPC on this initiative, we plan to drive digital sustainability across the Malaysian ecosystem, as laid out in the Malaysia Digital Economy Blueprint,” said Jeevan Rajoo, Country Head, TCS Malaysia.

High tech skills are in high demand in Malaysia, in line with forecasts by government agencies such as the Malaysia Digital Economy Corporation (MDEC). Earlier this year, the Malaysia Digital Economy Blueprint (MyDIGITAL) was launched – outlining aims to enhance digitalisation, improve digital infrastructure and build a more trusted and secure digital environment, in addition to targeting the development of 20,000 cybersecurity knowledge workers and 30,000 data professionals by 20251.

At MDEC, we believe that Malaysia’s digital future lies in the hands of her people, so it is crucial for everyone to contribute their knowledge and skills to develop the digital economy – to drive equitable shared prosperity for all Malaysians though high-quality jobs. With their global experience and knowhow, TCS is well-placed to help advance the digital economy in line with the key drivers we have identified – empowering Malaysians with digital skills, enabling digitally-powered businesses and driving digital sector investments2. The economy in Malaysia is still at a recovery stage, so any expansion of opportunities for Malaysians to upskill and retrain will certainly help,” commented Datuk Wira Dr Rais Hussin Mohamed Ariff, Chairman of the Malaysia Digital Economy Corporation.

The unemployment rate in April 2021 was recorded at 4.6% or 742,700 people, compared to January 2020’s rate of 3.2% or 511,7003 people, while the youth unemployment rate (aged 15 to 24 years) was at 13.7% in April 20214.

For more information on the HPC and to see the available jobs, please visit https://hpc.hrdcorp.gov.my/. Student graduates that are interested to participate in TCS’ Initial Learning Programme can register their interest at Malaysia.Careers@tcs.com. Visit www.tcs.com to learn more about the company.

About Tata Consultancy Services (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 500,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $22.2 billion in the fiscal year ended March 31, 2021, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com and follow TCS news at @TCS_News.

To stay up-to-date on TCS global news, follow @TCS_News.

1 Economic Planning Unit, Prime Minister's Department, Malaysia Digital Economy Blueprint

2 Malaysia Digital Economy Corporation, About MDEC

3 Department of Statistics Malaysia, 13 March 2020, Key Statistics of Labour Force in Malaysia, January 2020

4 Department of Statistics Malaysia, 9 June 2021, Key Statistics of Labour Force in Malaysia, April 2021

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