TCS's senior executives responsible for hiring critical personnel at the company were accepting bribes from the staffing firms for giving jobs to their candidates, for years
Tata Consultancy Services (TCS) Limited, one of the biggest IT companies in India, has been hit by a bribes-for-jobs scandal. A few senior executives responsible for hiring critical personnel at the company were accepting bribes from the staffing firms for giving jobs to their candidates, for years.
According to a report by Mint, a whistleblower wrote to the company’s chief executive officer (CEO) and chief operating officer (COO) alleging that ES Chakravarthy, global head of TCS’s resource management group (RMG), has been accepting commissions from the staffing firms for years.
Following the complaint, the company formed a team of three executives, comprising TCS’s chief information security officer, Ajit Menon, to investigate the matter.
After the investigation, TCS sent the head of recruitment on leave, dismissed four executives from RMG, and blacklisted three staffing firms.
Chakravarthy, who holds the rank of vice president, has been debarred from coming to the office but his email id is still active.
Arun GK, another official in the RBM division has been sacked.
“While there are complaints regarding code of conduct violations that arise from time to time, the company has robust processes for investigating and resolving them to closure," LiveMint quoted a TCS spokesperson as saying.
However, TCS is yet to determine the scale of the irregularities but the people involved in the scam may have earned at least Rs 100 crore through commissions.
This is the first of its kind job scandal to hit the technology giant after K Krithivasan was appointed as the company’s chief executive on 1 June.