30% of Tech Mahindra employees to eventually work from home permanently
IT major, Tech Mahindra will eventually have close to 25-30 percent of its employees work from home (WFH) permanently, said Manoj Bhat, CFO, Tech Mahindra.
Talking to the media after announcing Q1 results, Manoj said, “Now more than 90 percent of people are working from home. Customers are appreciating that we have been able to meet expectations in terms of service delivery. To me, overall long term, 25-30 percent will be permanent WFH.”
“Given the current uncertainty, working from offices will be a very small number, potentially at least for one or two quarters,” he added.
He explained that the company has made investments in the integrated command and control centre that allows it to drive outcomes and put in risk mitigation plans, be it working from home or office.
Tech Mahindra has announced its quarterly results and reported a consolidated net profit of Rs. 972 crores for the first quarter of fiscal 2021, up 1.4% year-on-year.