Work From Home Culture: TCS HR Head Milind Lakkad said that in the last three years the company has recruited many new employees. Therefore, it is important for all employees to have equal values.
Tata Consultancy Services Update: The country’s largest IT company Tata Consultancy Services (TCS) has ended the ‘Work from Home’ (WFH) system started during the Covid-19 pandemic. Along with this, all its 6.14 lakh employees have been asked to come to office and work. TCS is the first big IT company to take such a step after the Covid pandemic. TCS HR Head Milind Lakkad said that the company believes that working while sitting in the office increases productivity. Therefore, all the employees have been asked to come to the office.
Lakkad said, ‘We believe that they need to come to work so that the new workforce can be integrated with the larger workforce of TCS. This is the only way they will learn, understand and imbibe the values and methodology of TCS. So yes, we are asking people to come all days of the week. He said that in the last three years the company has recruited many new employees. Therefore, it is important for all employees to have equal values.
70 percent of the employees started coming to office.
In response to a question related to the agenda of reducing the number of people present in the company by 25 percent by 2025, he said, ‘We cannot say this.’ However, the company’s COO N Ganapathy Subramaniam said that one can conclude that the focus will now shift away from the ’25 by 25′ agenda. The COO said that due to higher level appointments and layoffs in the last three years, it has become necessary to call employees to the office. 70 percent of the employees have started coming to office.
TCS has 250 employees in Israel.
TCS said that the company has 250 employees in Israel. A senior officer of the company said that the ongoing conflict between Israel and Hamas has not had much impact on its business. He said that he is in constant touch with all the employees and our main focus is on their safety. The company’s COO N Ganapathy Subramaniam said that the company has started planning to continue the business, so that it can be ensured that there is no impact on the customers.
Second quarter net profit increased to Rs 11,342 crore.
TCS’s net profit for the July-September quarter of the current financial year 2023-24 has increased by 8.7 percent on an annual basis to Rs 11,342 crore. TCS had earned a net profit of Rs 10,431 crore in the second quarter of the last financial year. The company said that its operating income increased by 7.9 percent year-on-year to Rs 59,692 crore in the quarter under review, from Rs 55,309 crore in the same quarter a year ago.
