1. TCS rules out laying-off employees unlike other IT giants, instead plans to create more jobs

TCS rules out laying-off employees unlike other IT giants, instead plans to create more jobs

Bucking the trend, lobal software major Tata Consultancy Services (TCS) has ruled out laying-off employees in the near future and instead plans to create more jobs.

By: | Patna | Published: May 11, 2017 4:39 PM
“We are here to create jobs, not to downsize,” he asserted after TCS launched a BPO centre here to create new opportunities as part of the government’s Digital India push. (Reuters)

Bucking the trend, lobal software major Tata Consultancy Services (TCS) has ruled out laying-off employees in the near future and instead plans to create more jobs. “No, certainly no,” Rajesh Gopinathan, CEO and MD of TCS, told IANS here on Thursday when asked if there were any plans of laying-off employees or downsize as some other big players in India’s IT sector have said they would do.

“We are here to create jobs, not to downsize,” he asserted after TCS launched a BPO centre here to create new opportunities as part of the government’s Digital India push.

At a time when it has been reported that Indian software companies like Wipro, Infosys and Cognizant have decided to downsize, Gopinathan’s revealation that TCS is not going to follow suit is seen as a welcome development.

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Later, TCS spokesperson Pradipta Bagchi said the IT sector has a bright future in the country with the Digital India initiative on the right track. “We are looking forward to expand and spread our business and connect with more and more people.”

TCS operates in 45 countries and has over 387,000 of the world’s best trained consultants. The company generated consolidated revenue of $17.6 billion in the fiscal ended March 31, 2017.

  1. M
    Mohammad Naseem
    May 12, 2017 at 12:12 pm
    Nice policy Tata---congrats Murthy Sahab and team Tata..
    Reply
    1. B
      Bala
      May 12, 2017 at 11:14 am
      Tcs...stands by its words..it will create new jobs for others..as said but will remove the existing employee by saying something or other..does not name it as lay off...
      Reply
      1. D
        dunno
        May 12, 2017 at 7:55 am
        I cannot believe these many s exist to comment like these!
        Reply
        1. A
          Abhilash
          May 12, 2017 at 12:20 am
          I am a TCSer...It's just a corporate game You never know what's next in the bucket waiting for you.
          Reply
          1. N
            nagendra
            May 12, 2017 at 7:12 am
            Yes I m agree with you.me also tcser .it's all game of company they do not want to highlight but back end they also doing same like others company laying off.
            Reply
          2. R
            Radhika singh
            May 11, 2017 at 9:58 pm
            I really wanna work in tcs ...
            Reply
            1. S
              Sagar
              May 12, 2017 at 9:00 am
              @Radhika, please drop me an email to "sagarachar.n@gmail" I would help you to get job in TCS to my level best.
              Reply
            2. S
              Subham Gupta
              May 11, 2017 at 9:28 pm
              I want to work in TCS.
              Reply
              1. K
                Kannan
                May 11, 2017 at 8:52 pm
                Happy for you proud TCSers. No company is an exception. I am one of proud TCSers who got laid off for no reason 2 years back. One more thing. I never got a bad rating in my career. Its all part of the game.
                Reply
                1. L
                  Lalit Joshi
                  May 11, 2017 at 7:40 pm
                  I am Proud to be a TCSer...
                  Reply
                  1. P
                    Prabha
                    May 11, 2017 at 7:02 pm
                    TCS is a great and excellent company.
                    Reply
                    1. P
                      Prabha
                      May 11, 2017 at 7:01 pm
                      TCS is the best company to work in the world. TCS is excellent.
                      Reply
                      1. V
                        vrish
                        May 11, 2017 at 6:24 pm
                        India need more CEO and policies like this!!!!
                        Reply
                        1. R
                          Ravi
                          May 11, 2017 at 5:14 pm
                          Hat off to TCS, This is an excellent company. TCS is actually flag-bearer of IT industry in India.
                          Reply
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