Fri Apr 18 05:07:14 UTC 2025: ## TCS Denies Discrimination Claims Amidst EEOC Investigation and Financial Report
**NEW YORK/MUMBAI** – Tata Consultancy Services (TCS), one of the world’s largest IT outsourcing firms, is facing scrutiny from the US Equal Employment Opportunity Commission (EEOC) over allegations of discrimination against American workers. The company vehemently denies the claims, calling them “meritless and misleading.”
The allegations, first reported by Bloomberg, stem from complaints filed by former TCS employees, primarily non-South Asian and over 40. These individuals claim they were disproportionately targeted during layoffs while colleagues of Indian origin, some holding H-1B visas, were retained. Similar allegations have previously surfaced in the UK, where former employees filed a discrimination lawsuit citing age and nationality bias.
In a statement, TCS emphasized its commitment to equal opportunity employment and highlighted its strong track record in the US. The EEOC investigation is ongoing.
This news comes alongside TCS’s Q4 financial report, which reveals a mixed performance. While revenue grew by 5.3 percent year-on-year to Rs 64,479 crore, net profit fell by nearly 2 percent to Rs 12,293 crore. The company also reported an increase in attrition rate to 13.3 percent, and recently delayed salary increases in India citing global economic uncertainty. The confluence of the EEOC investigation and the less-than-stellar financial results puts TCS under increased pressure.
First Piper 