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TCS Assures No Offer Withdrawals Amid Onboarding Delay Uproar

StartupTalky

StartupTalky · 9d ago

TCS Assures No Offer Withdrawals Amid Onboarding Delay Uproar

Tata Consultancy Services (TCS), India's largest IT services provider, reassures that no job offers have been withdrawn amid reports of onboarding delays. Despite candidates facing extended joining date shifts, TCS remains committed to honoring all offers, stating delays are due to adjusting for business needs. The issue has drawn criticism, with some applicants expressing frustration over poor communication. Meanwhile, NITES has sought government intervention, calling for a formal onboarding strategy and assistance for affected professionals.

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Related News

Labour ministry issues notice to TCS over delayed onboarding

Economic Times

Economic Times · 1y ago

Labour ministry issues notice to TCS over delayed onboarding

The Ministry of Labour and Employment in Maharashtra has issued a notice to Tata Consultancy Services (TCS) following a complaint filed by the Nascent Information Technology Employees Senate (NITES) regarding delayed onboarding of lateral recruits. Over 2,000 recruits have been affected by the unexpected delay. TCS executives have been asked to discuss the situation with department officials on November 2nd. NITES has demanded that affected employees be paid their full salaries and be provided with access to TCS's employee assistance program. TCS has been slowing down on hiring and recorded a sequential reduction in headcount.

10,000 freshers from major IT firms Infosys, Wipro & TCS await onboarding

Livemint

Livemint · 1y ago

10,000 freshers from major IT firms Infosys, Wipro & TCS await onboarding

Around 10,000 freshers offered jobs in the past two years by major IndianIT companies like TCS, Infosys, and Wipro are facing delays in the onboarding process, according to the IT employee union Nascent Information Technology Employees Senate (NITES). This delay is primarily due to business uncertainty in North America and Europe, resulting in a cautious approach towards IT expenditures by clients. The IT sector has also witnessed a decrease in employee headcount, with TCS, Infosys, and Wipro reporting declines in their total workforce for the fiscal year 2023-24.

Techies write to govt as TCS delays onboarding of 600 lateral hires - The Economic Times

Economic Times

Economic Times · 9d ago

Techies write to govt as TCS delays onboarding of 600 lateral hires - The Economic Times

Several experienced technology professionals have appealed to the Indian government, alleging Tata Consultancy Services (TCS) delayed the onboarding of 600 lateral hires. Many affected individuals, having resigned from previous jobs, faced financial and personal challenges due to indefinite delays in joining dates. The Nascent Information Technology Employees Senate (NITES) wrote to the Union Labour Minister, seeking a commitment from TCS on onboarding timelines and compensation for the delays. TCS reaffirmed its commitment to honoring all job offers.

No sharp rallies ahead, expect incremental valuation re-rating: Chakri Lokapriya

Economic Times

Economic Times · 9d ago

No sharp rallies ahead, expect incremental valuation re-rating: Chakri Lokapriya

Chakri Lokapriya, CIO-Equities at LGT Wealth, highlights ongoing challenges in the tech sector due to the U.S. tariffs and weak discretionary demand. Companies like TCS and HCL Tech reflect this uncertainty, but steady order books offer hope. Paytm shows promising margin improvements and profit, boosting investor confidence, while Dixon Tech’s solid performance is driven by its mobile segment. Defence sector prospects, particularly for HAL, remain positive amid ongoing aircraft demands.

TCS salary hike to be decided later in the year: HR chief Milind Lakkad - The Economic Times

Economic Times

Economic Times · 21d ago

TCS salary hike to be decided later in the year: HR chief Milind Lakkad - The Economic Times

Tata Consultancy Services (TCS) announced it will decide on salary increments later in the year due to uncertain business conditions. This comes as the attrition rate increased to 13.8% in the June quarter. Despite this, TCS continues its target of onboarding 40,000 freshers. In the first quarter of FY26, TCS reported a 6% year-on-year growth in net profit but a modest 1.3% rise in revenue, impacted by global market uncertainties.

The Long Wait: As IT firms delay onboarding, fresh graduates face financial uncertainties

Economic Times

Economic Times · 10m ago

The Long Wait: As IT firms delay onboarding, fresh graduates face financial uncertainties

Many Indian students who received offer letters from major IT companies like Infosys, Wipro, TCS, and others have been left waiting for months or even years without a joining date. This has caused financial difficulties as they struggle to pay off student loans and uncertainty about their career paths. Some students have formed groups on social media to support each other and express their frustrations. While some companies have addressed the backlog and started onboarding processes, legal experts state that the students have little recourse as employment contracts are typically not legally enforceable.

Karnataka IT/ITeS Employees Union seeks action against TCS over job cuts - The Economic Times

Economic Times

Economic Times · 2d ago

Karnataka IT/ITeS Employees Union seeks action against TCS over job cuts - The Economic Times

Karnataka's IT/ITeS Employees Union (KITU) has filed an industrial dispute against Tata Consultancy Services (TCS) for allegedly forcing resignations and initiating mass layoffs, affecting over 12,000 employees. The union accuses TCS of violating the Industrial Disputes Act by not seeking government approval for the job cuts. TCS cites skill mismatches as the reason for layoffs amid macro uncertainties. The central government is examining the issue, seeking justice for affected employees.

Dates changed but everyone with offer will join: Infosys CEO on 2022 batch onboarding delays

YourStory

YourStory · 11m ago

Dates changed but everyone with offer will join: Infosys CEO on 2022 batch onboarding delays

Infosys CEO Salil Parekh has assured that the company will honor the offers made to freshers and they will be allowed to join, although there might be some changes in the dates. This statement comes in light of reports suggesting a delay in the onboarding of 2,000 fresh engineering graduates. Nascent Information Technology Employees Senate (NITES) recently filed a complaint against Infosys, alleging delays and unpaid pre-training programs for these graduates. However, Parekh emphasized that every offer will be fulfilled and there is no change in the company's approach. Infosys currently has an employee base of 315,332 as of June 2024.

TCS slashes senior employees' variable pay for third straight quarter: Report

Economic Times

Economic Times · 2m ago

TCS slashes senior employees' variable pay for third straight quarter: Report

Tata Consultancy Services (TCS) has cut senior employees' variable pay for three consecutive quarters, initially linking it to office attendance. Despite compliance with the work-from-office mandate, reduced payments continued. TCS also deferred annual salary increments amid global economic uncertainties. The company's employee count reached 607,979 with a slight attrition increase to 13.3%. TCS reported a revenue rise of 0.8% for the March quarter, totaling $30.18 billion for fiscal year 2025, growing 3.8% year-on-year.

T-Mobile says cyber attackers had no access to customer data

Economic Times

Economic Times · 8m ago

T-Mobile says cyber attackers had no access to customer data

T-Mobile has reported attempts by unknown hackers to infiltrate its systems but assures that no sensitive customer data was accessed. While similarities have been noted with the Chinese-linked cyberespionage operation known as Salt Typhoon, T-Mobile has not confirmed their involvement. The company has cut connections with the compromised network and reported the findings to the US government. This incident comes amidst ongoing investigations into a broad cyber espionage campaign by Chinese hackers, which has affected other major telecom firms. T-Mobile assures that its defenses protected customer information and prevented service disruption.

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