Tata Consultancy Services , a leading global IT services, consulting and business solutions organisation, today issued a statement in response to the event described below:
A class action suit was brought in against TCS in 2015 in the US District Court, Northern District of California, Oakland Division, by a US law firm on behalf of three former employees, alleging a pattern and practice of discrimination against people of non-South Asian origin in termination in the United States.
On November 29, 2018, a nine-member jury unanimously passed a verdict in favour of TCS.
About Tata Consultancy Services Ltd
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development.
A part of the Tata group, India’s largest multinational business group, TCS has over 411,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $19.09 billion in the fiscal year ended March 31, 2018, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS’ proactive stance on climate change and award winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index.