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TCS Says PERM Suspension Will Not Impact Workforce Strategy
Tata Consultancy Services (TCS) stated that the US government's suspension of the PERM program will not affect its workforce strategy or customer engagements. TCS plans to hire 15,000 people in the US over the next five years.
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What Happened?
Tata Consultancy Services (TCS) stated that the US government's suspension of the PERM program will not affect its workforce strategy or customer engagements. TCS plans to hire 15,000 people in the US over the next five years.
AI Quick Summary
TCS asserts that the US PERM suspension won't affect its hiring strategy, planning to add 15,000 jobs in the US.
Key points
- TCS reported that its PERM applications were minimal in the last two years.
- The company emphasizes hiring local talent in the US.
- TCS plans to increase its US workforce by 15,000 over five years.
- Nasscom criticized the US government's suspension of the PERM program.
- The gap between supply and demand for local talent remains an issue.
Key insights
- TCS's focus on local hiring may mitigate the impact of the PERM suspension.
- The ongoing hiring strategy reflects a shift in the Indian IT sector's approach to US labor regulations.
- Nasscom's response indicates potential lobbying efforts against such immigration policies.
Why it matters
The decision could impact hiring strategies for Indian IT firms in the US.
Entities
Tata Consultancy Services· CompanyUS Government· OrganizationNasscom· Organization
Source
Business Standard
