Tata Consultancy Services (TCS), one of India's leading IT firms, is grappling with a significant skills gap, resulting in 80,000 unfilled job positions. This challenge is part of a broader slowdown in the IT sector, as reported by the Times of India.
Read More »TCS Reports Decrease in Headcount by Over 13,000 in Previous Fiscal: Report
Tata Consultancy Services (TCS), a prominent player in the information technology sector, recently announced a notable decrease in its headcount alongside a significant growth in net profit. According to reports, TCS witnessed a drop in its total employee base by over 13,000 during the previous fiscal year, marking the third consecutive quarter of decline, a trend unprecedented in the company's history spanning 19 years. As of now, TCS's employee count stands at 6,01,546.
Read More »“US Tech Professionals Accuse IT Company of Outsourcing Jobs to Indian H1-B Visa Holders: Report”
A group of American professionals has accused Indian tech giant Tata Consultancy Services (TCS) of terminating their employment and replacing them with Indian workers on H-1B visas. The allegations, part of an ongoing debate about skilled foreign workers in the US, highlight concerns over the fairness and impact of the H-1B visa program.
Read More »“TCS Ends Work-from-Home, Implements Dress Code for In-Office Employees”
Tata Consultancy Services (TCS) has discontinued work from home for most of its employees, now requiring them to be in the office five days a week. TCS has also introduced a dress code to create a professional and cohesive work environment, particularly for those who joined during the pandemic.
Read More »“TCS to Award 100% Variable Pay to Junior Employees for Q2FY24”
Tata Consultancy Services (TCS), India's leading IT services company, has announced that it will grant a 100 percent variable pay to its junior employees for the second quarter of the financial year 2023-24. This decision was disclosed following the release of the company's quarterly results.
Read More »“TCS Reverts to 5-Day Office Work, Ending Hybrid Model from October 1”
Tata Consultancy Services (TCS) is discontinuing hybrid work arrangements and asking employees to return to the office five days a week starting October 1, marking a significant shift in its remote work policy.
Read More »“Infosys Implements New Work-from-Office Policy, Disciplinary Action Possible for Non-compliance”
Infosys, the Bengaluru-based IT services company, has recently announced changes to its work-from-home policy, informing employees in the United States and Canada that the option to work remotely will no longer be available. This decision, affecting over 30,000 employees, comes with a warning of possible disciplinary action for non-compliance.
Read More »TCS secures $700-million deal from UK insurer, largest this fiscal
London-based Phoenix Group Holdings Plc has agreed to a contract worth more than £600 million ($723 million) to digitally transform its product offering. Tata Consultancy Services (TCS) on February 8 announced the expansion of partnership with existing United Kingdom-based client Phoenix Group in a £600 million ($723 million) deal; it’s …
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