The company’s CEO said each employee would only spend 25 percent of their time in the office, and this would also help save office space.
- Last update: April 27, 2020, 11:20 a.m.
India’s largest IT services company Tata Consultancy Services (TCS) will require a large majority of 75 percent of its 3.5-lakh employees to work from home by 2025, compared to 20 percent currently as the company continues the revolution of remote working wants to take over brought about by the coronavirus pandemic.
“We do not believe that we need more than 25% of our workforce in our facilities to be 100% productive,” said NG Subramaniam, TCS chief operating officer, Business Today.
He explained that according to the new model, each employee would only spend 25 percent of their working time in the office. This also means that of all team members, only 75 percent of a project team should be in a single location.
The decision came after TCS switched 90 percent of its 3.55-lakh employees to remote work after announcing the blockage through an internal platform called Secure Borderless Work Spaces (SBWS). The platform has been under development for several years.
However, the company later issued a clarification: “3.5 lakh is an Indian number, but does not represent the global number, and TCS aims to bring this change globally. This number is 4.48 lakh. This is not a model, that will do this. ” applied to TCS after the pandemic, but something TCS wants to achieve by 2025. ”
Experts said that other Indian IT companies with TCS will have no choice but to follow the example, as the lessons learned from the lockout will trigger a faster and broader “virtualization” of business practices.
Several surveys conducted last month have also shown that CFOs believe that a fifth of employees in a post-Covid world will work from home.
If you encourage more employees to work from home, you can also save costs because TCS takes up far less office space than it does today. “We have become stronger and our model is more proven than ever,” said the CEO of TCS and MD Rajesh Gopinathan to the news portal.
Asharosh Limaye, senior director at Anarock Consulting, said that 25 percent fewer office workers could result in a 15 percent reduction in office space requirements. This is because common spaces may not be reduced as much in relation to public areas or facilities.