TCS Company: TCS chief K Kritivasan, the country's largest IT company, has clearly denied any cut in recruitment. Along with this, Kritivasan also said that employees should come to the office and work only because working from home is not the right way to move forward for both the individual and the organization.
There will be a ban on working from home
There is news of layoffs from many tech companies including startups across the world. In January 2024, about 30 thousand people were fired from their jobs. On the other hand, information technology company Tata Consultancy Services (TCS) chief K Krithivasan on Tuesday ruled out any cut in hiring. TCS chief said there is no plan for layoffs. Along with this, appointments will also have to be expedited as per the demand. Kritivasan also said that employees should come to the office and work only because working from home is not the right way to grow for both the individual and the organization.
No intention to cut recruitment
NASSCOM (National Association of Software and Services Companies), the apex body of information technology companies, said last week that the industry will create only 60,000 jobs in the financial year 2023-24. With this the number of employees increased to 54.3 lakh. TCS Chief Executive Officer (CEO) K Krithivasan said at the NASSCOM session here, there are signs of an uptick in the economy. We need more people for more work. In fact, we have no intention of reducing our recruitment plans and will continue to hire staff in the same manner as we have been doing. We will have to change the recruitment phase, but there will definitely be no cuts in our recruitment plans. More than six lakh people are employed in TCS.
Important lessons can be learned by watching seniors work.
The TCS chief said important lessons are learned by observing colleagues and superiors at the workplace and such lessons cannot be taught if people work from home. He said, “I believe that the work from home/hybrid model is not the right way forward for both individuals and organizations. As an organization, we value collaboration and camaraderie and this cannot be achieved through Zoom calls or other online mediums.