TCS banned six employees, six associate firms: N Chandrasekaran on jobs scam

Addressing the 28th Annual General Meeting of the country’s largest IT firm, Chandrasekaran said TCS will review and tighten its supplier management process to ensure that incidents such as the recent jobs scandal at the software major are not repeated. Further, he emphasised the need for ethical conduct and integrity among employees.

“The most important thing expected of every employee is ethical conduct and integrity, ahead of any financial performance. So, whenever there is a violation of ethical conduct by any employee, it pains me. All the leaders take it extremely seriously and we will always deal with such incidents with very strong action,” he said.

Two complaints about the involvement of TCS executives in the jobs-for-bribes scam were received in February-March and six employees and six firms have been banned, he said. Further, the US complaint is being investigated by an external investigator, he added.

Chandrasekaran added that TCS works with over 1,000 third-party recruitment firms. The RMG division in question handles less than 2-3% of the total hiring requirement.