TCS may extend working hours

Come April, and TCSers may have to put in more working hours as compared to the current 40-hour, five-day week cycle. According to a report in a business daily, Tata Consultancy Services (TCS) is planning to increase its working hours by 10% to 15%. Commenting on the issue TCS spokesperson though said that the company till date has not made any changes in the working hours, added that TCS constantly reviews its efficiencies and looks at ways to serve customers better and improve its competitive position.

Experts feel that addition in working hours may help the company offset the losses it may incur from repricing of its existing contracts. According to analysts, a 10% increase in working hours can add half-a-million billable hours for TCS alone, considering that over 55% of the company's contracts are the Time & Material type.