TCS layoffs: HR chief clarifies; ‘We are not chasing a target’

Tata Consultancy Services (TCS) HR caput Sudeep Kunnumal precocious addressed concerns implicit imaginable layoffs astatine the IT giant. Speaking during the company’s Q2 net telephone earlier this month, Kunnumal said that TCS is not “chasing a target” erstwhile it comes to occupation cuts. Instead, the IT steadfast said it volition measure “everyone”. During the net call, expert Surendra Goyal from Citi asked:“The (second) question is with the merchandise of 1% workforce, the headcount declined by 20,000 radical oregon 3%. And what you had announced earlier was 2%. So should we expect a akin benignant of caput number simplification successful the adjacent 4th arsenic well?”TCS HR caput Sudeep Kunnumal replied to the question saying:“So astir -- see, the 20,000 caput number is simply a origin of voluntary and involuntary attrition. So you should spot that. But arsenic we announced, against the 2 percentage, we person midway, truthful we person done astir 1 percent of it. And similar what Krithi conscionable mentioned, we don't person a target.”“We are not chasing a target. We'll proceed to measure everyone aft each the concern successful learning and improvement that we've done…..” helium continued.Goyal further asked: “So conscionable to clarify, determination volition beryllium nary involuntary attrition beyond the 1% number, is that knowing correct?”To this, Kunnumal replied: “No, no, I didn't accidental that. See, we estimation it to beryllium 2%.

We are presently astatine 1%, and we volition proceed to measure radical whom we tin redeploy -- whom we are not redeploy, and those are the radical that we volition release.”During the net call, TCS HR main besides talked astir the caller H-1B visa regularisation announced by Trump medication past month. Kunnumal said “...on H1B, we person importantly localized our workforce successful the U.S. astir conscionable astir 500 associates person traveled to the U.S. connected H1B. We judge our concern exemplary volition beryllium capable to accommodate rapidly to immoderate changes successful migration policy.” US announced an yearly interest of $100,000 connected H-1B visa applications from September 21 onwards.