Tata Consultancy Services (TCS), India’s leading IT company, has sent memos to employees who have been found violating the ‘Work From Office’ directive. TCS had previously instructed its employees to report to the office for a minimum of 12 days per month. In the recent memo, the software giant has warned that disciplinary proceedings will be initiated against those who fail to comply with the roster.
According to a report by the Times of India, the memo from TCS states, “You are warned and directed to start reporting to work from your office location according to the assigned roster with immediate effect.”
Last October, TCS had mandated that employees visit the office for three days each week. In recent months, the company has been actively encouraging its associates in India to return to the office, aiming to create a vibrant and energetic work environment.
TCS witnessed a significant onboarding of freshers, hiring over 44,000 new employees, as well as the highest-ever number of experienced professionals in the fiscal year 2023. As of March 31, 2023, the company’s total workforce stood at 614,795, with a net addition of 821 employees during the fourth quarter of FY23.
The LinkedIn report for 2023 ranked TCS as the best workplace in India, followed by Amazon and Morgan Stanley. TCS also reported a 14.8% year-on-year increase in consolidated net profit, amounting to ₹11,436 crore, for the quarter ending March 31, 2023. The company’s consolidated revenue from operations reached ₹59,162 crore, reflecting a growth of approximately 17% compared to the same quarter the previous year.
TCS has declared a final dividend of ₹24 per equity share. On Wednesday, the company’s shares closed 0.87% higher at ₹3,242.10 on the BSE.
By reminding employees of the ‘Work From Office’ policy and implementing disciplinary actions, TCS aims to ensure compliance with their office attendance requirements while fostering a dynamic and productive work environment.
