A global leader in IT services, consulting, and business solutions company, Tata Consultancy Services (TCS) is closely monitoring the safety of employees stuck in Israel.
A TCS executive said to Mint, “We are monitoring, and have been in touch with the HR (human resources) officials there. We are helping them with safety measures.”
“There are some employees from India and their families,” TCS executive added.
As of April 2023, Tata Consultancy Services had around 1,100 employees in the country. Israel has an estimated 15,000 to 18,000 Indians, comprising both students and professionals.
Tata Consultancy Services, this quarter’s workforce strength is 615,318. The company’s net headcount addition of 523 and the contribution of women in the workforce is 35.8%.
The company’s headcount as of March 31, 2023, stood at 6,14,795. TCS headcount stood at 613,974 as of December 31, 2022.
Apart from this, the reports have also suggested that Citigroup said, “We are monitoring the situation in Israel carefully.”
“The safety of our colleagues is our highest priority and at the same time we remain focused on serving our clients,” Citigroup added.
Moreover, an American multinational financial services firm, JPMorgan has asked its 200 employees in Israel to work from home (WFH) due to the current situation in the country.
According to Reuters, JPMorgan has taken the step following a deadly attack by Palestinian Islamist group Hamas two days ago.
The reports also suggested that Goldman Sachs CEO David Solomon said in a memo “The firm is ready to help you and your families in any we can.”
