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(Photo: Reuters / Vivek Prakash)
The company’s CEO said that each employee would spend only 25 percent of their work time in the office, and this would also help save office space.
- News18.com
- Last update: April 25, 2020 2:29 PM IST
India’s largest IT services company, Tata Consultancy Services (TCS), will ask the vast majority of 75 percent of its 3.5-lakh employees to work from home by 2025, up from 20 percent today , as the company seeks to permanently adopt the remote work revolution brought about by the coronavirus pandemic.
“We do not believe that we need more than 25% of our workforce at our facilities to be 100% productive,” NG Subramaniam, TCS chief operating officer, told Business Today.
He explained that under the new model, each employee would spend only 25 percent of their work time in the office. This will also imply that of all team members, only 75 percent of the project team would have to be in one location.
The decision came after TCS moved 90 percent of its 3.55 lakh employees to remote work after the closure was announced via an internal platform called Secure Borderless Work Spaces (SBWS). The platform had been in development for the past few years.
Experts said that with TCS taking the lead, other Indian IT companies will have no choice but to follow suit, as the lessons learned from the blockade lead to faster and more widespread “virtualization” of business practices.
Multiple surveys conducted in the past month have also indicated that CFOs believe that a fifth of staff will move to work from home in a post-Covid world.
Encouraging more employees to work from home will also help TCS save on costs, as it will require much less office space than is occupied today. “We have come out stronger and our model is more proven than ever,” TCS CEO and MD Rajesh Gopinathan told the news portal.
According to Ashutosh Limaye, senior director of Anarock Consulting, 25 percent fewer employees in the office could lead to a 15 percent reduction in the need for office space. The reason is that shared spaces in terms of common areas or facilities may not be reduced as much.
