Tag Archives: costs

Tata Motors plans to remove 1100 jobs after losses in earnings

After observing losses in their units, Tata Motors plans to remove 1100 jobs. This decision is taken after its luxury unit at Jaguar Landrover raised the cost-cutting target. This is due to the impact of the coronavirus outbreak. The target … Continue reading

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Increase in expenses during WFH: TCS

Contrary to cost-saving, TCS has observed an increase in expenses during WFH. Tata Sons chairman, N Chandrasekaran said that this is due to the long term lease contracts that were signed with the buildings. He also added that in the … Continue reading

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Indian IT firms are planning to reduce the dependency of subcontractors to control costs

As the COVID-19 is causing problems with revenue and margins fo the firms, Indian IT firms like Infosys, Wipro, TCS, MindTree are looking to reduce their dependency on the subcontractors to control the costs. According to a statement, these companies … Continue reading

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