In April 2020, TCS announced its 25/25 model — where no more than 25 percent of employees would need to work out of its offices at a time, and would not have to spend more than 25 percent of their time there. They had also said that as they go along, more than 25 percent of the team of any project may not be located in one single location.
Gopinathan has earlier said this would need to be done in a more deliberate way, as opposed to continuing things as they are currently where most employees continue to work from home. For this, TCS has stressed that it will get employees back into the office first.
TCS’ attrition for the quarter was 19.7 percent, up from 17.4 percent in the Q4FY22. The company added over 14,000 employees during the April-June quarter, and has over 6 lakh employees on its payroll.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
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