Green cards not key to workforce strategy: TCS
Tata Consultancy Services (TCS) CEO K Krithivasan has stated that green cards are not a crucial part of the company's workforce strategy in the United States. The company has been focusing on increasing local hiring in the US, with locally hired employees now accounting for 50% of its workforce. TCS plans to hire 15,000 more people in the country over the next five years, with a continuous movement of talent between onsite and offshore positions.
The company has also increased its intake of AI-native talent from Indian universities by 50%, as it builds capabilities for AI-led technology services. TCS expects AI-led opportunities to offset productivity-driven deflation in traditional technology services, though a stronger net growth contribution could take time.
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