TCS says Moonlighting 'Ethical Issue', No Action Taken Again

[{"selector":"#anim-c8638ae4-17e3-4e76-b24b-7178d38bd745","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.15)","offset":0.33},{"transform":"scale(0.985)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1200,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-09e5b1ce-9f2f-4dee-9a79-821f59c9a8a0","keyframes":{"opacity":[0,1]},"delay":200,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read more

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.

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.

"Moonlighting we believe is an ethical issue and it is against our core values and culture," Lakkad said.

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.

He said that TCS has a long term commitment towards its employees and the employees also have a "reciprocal commitment" towards the company.

And also acknowledged that at present its peers in the IT industry may have different views on the subject.

Further, he said the company has been communicating its stance on moonlighting lately but did not elaborate.

In recent weeks, CXOs in the IT industry have been offering varied takes on the subject of moonlighting

While some like Tech Mahindra have supported the idea of side hustles, others like IBM, Wipro have flagged concerns about it.