IT Industry Could Fall Apart Due to Moonlighting: TCS’ Subramaniam
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Top executives of India’s IT services companies have been outspoken in their criticism of moonlighting.
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Taking up dual employment – and both Wipro and Infosys have recently sacked employees found to be working second jobs.
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COO of TCS, tells us the practice is not only unethical but presents an existential crisis to the $227-billion IT industry.
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In an interview to ET, Subramaniam said the IT industry could fall apart due to moonlighting – which he termed “unethical”.
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Short-term projects (3-6 months) that give some savings or improve customer experience are fine, but multi-year transformation programmes etc will go through a vetting cycle.
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The whole industry could fall apart due to this. Businesses are built based on integrity and certain values.
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As India’s $227-billion IT industry grapples with the issue of moonlighting, TCS is planning a platform for internal “gigs” for its over 600,000 employees.
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The platform, which is in the initial stages, could be expanded down the road to include the external workforce as well.