TCS reacts to US PERM suspension, says won’t affect workforce strategy or client engagements
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The US Labour Department suspended Tata Consultancy Services from the permanent labour certification programme on Thursday.
- ✓TCS said this action will not affect its workforce strategy or client engagements.
- ✓The company plans to hire 15,000 workers in the US over the next five years, focusing on local talent and campus recruitment.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Synopsis
Tata Consultancy Services has been suspended from the permanent labour certification programme by the US Labour Department. This suspension affects eight major technology companies including TCS, Infosys, and Microsoft. TCS stated that this will not impact its hiring strategy or engagements with clients. The company intends to hire 15,000 workers in the US over the next five years.
Tata Consultancy Services, India's leading IT services company, said on Friday it does not expect its suspension from the permanent labour certification programme to impact either workforce strategy or customer engagements, adding that it would comply with any directive from the US Department of Labor.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
The Economic Times
Read the full, original unfiltered story directly on the publisher's portal.