Tcs: Women execs' strength in TCS doubles in six years
CEO
Rajesh
Gopinathan in a farewell note to employees said that one of the company's major achievements has been the representation of women in the workforce.
Gopinathan, who steps down on Wednesday after 22 years with the country's largest IT services company, said that with over 200,000 women, TCS is one of the biggest employers of women in science and technology. About 35% of the company's over 6 lakh employees are women.
Gopinathan said there has been a 100% increase in the number of women in leadership positions in the last six years. "Today, 30% of our business development and delivery managers are women. Likewise, out of the 3,414 unique patent holders, 794 are women," he said. Gopinathan noted that TCS grew from $17.5 billion in March 2017, when he took over, to $27.9 billion in March 2023. During the same period, the company's market capitalisation nearly doubled, from $74 billion to $143 billion. It returned $27.3 billion to shareholders through dividends and share buybacks, he said.
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Wednesday, May 31, 2023 at 12:19 am