TCS Cites Moonlighting an Ethical Concern, No Action Against Employees
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MUMBAI: The country's largest IT services exporter TCS on Monday said moonlighting is an "ethical issue" and against its core values but has not taken any action against any staff.
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The company, which employs over 6.16 lakh people, will take into account all the relevant dimensions while forming its final view on the issue.
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"Moonlighting we believe is an ethical issue and it is against our core values and culture," Lakkad said.
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Lakkad said that unlike peers like Wipro, which announced a sacking of over 300 employees recently, TCS has not taken any action against any employee.
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He said that TCS has a long term commitment towards its employees and the employees also have a "reciprocal commitment" towards the company.
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And also acknowledged that at present its peers in the IT industry may have different views on the subject.
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Further, he said the company has been communicating its stance on moonlighting lately but did not elaborate.
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In recent weeks, CXOs in the IT industry have been offering varied takes on the subject of moonlighting
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While some like Tech Mahindra have supported the idea of side hustles, others like IBM, Wipro have flagged concerns about it.