TCS has decided that a majority of their workforce, ~3.5 lakhs (75%) employees in India will work from home. This is well above the industry average of 20% today. The new business model - "25/25" requires much less office space. "We don't believe that we need more than 25% of our workforce at our facilities in order to be 100% productive," - TCS's chief operating officer NG Subramaniam.
This is brave and great move by TCS to help contribute towards the economy and save the country in coming years from a potential economic recession. This decision allows employees to work from their home town / village. I see two-fold benefit from this decision, on one hand they save income towards rent and additional living expenses and simultaneously significantly increases their purchasing power.
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