TCS Notes US PERM Program Announcement

Tata Consultancy Services (TCS) has acknowledged the US Government's announcement regarding the Permanent Labor Certification Program (PERM). TCS stated they will comply with any directives from the Department of Labor. The company emphasized its strategy of hiring local talent in the US, supported by a campus recruitment model, and highlighted its existing significant local workforce across 31 offices. TCS plans to hire an additional 15,000 people in the US over the next five years. Given that their PERM applications have been in the single digits over the past two years, TCS does not anticipate any impact on its workforce strategy or customer engagements due to the program's suspension.