The decision taken by the company would make its offshore employees happy as they will have to resume their work in their own country and also it would be an opportunity to be among their families and friends.
Tuesday, April 28, 2009
Offshore TCS Employees Will Come Back to India
The mercury of cost-cutting measures is gaining high temperature. Its consequences are transparently visible in TCS. In a recent press release the company made it clear that it is going to move back a substantial number of its employees to India as a measure to save its revenues. At the global stage TCS is India’s largest outsourcing firm but this giant is also finding it difficult to manage its costs. In the 4th quarter of last year the company garnered Rs 121 crore by shifting its large number of US staff to India.
It was also told that TCS would increase its crew by hiring more professionals। The approximate figure for India is estimated to be 24, 855. It is also looking forward to add 250 new comers in the US. There might be hiring of few people in China as well. The Chief Operating Officer of TCS N Chadrasekaran has confirmed it that the relocation of its US staff to India would not lead to layoffs. Besides, he also added that presently the company is not looking forward for lateral hiring and furthermore, the increments to its employees have been suspended.
The decision taken by the company would make its offshore employees happy as they will have to resume their work in their own country and also it would be an opportunity to be among their families and friends.
The decision taken by the company would make its offshore employees happy as they will have to resume their work in their own country and also it would be an opportunity to be among their families and friends.
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