Published on January 4, 2023
In IT Services

TCS Plans Restructuring, Aims to Bag $50 billion in Revenue

While TCS is shaking things up by realigning its operating model to fully embrace the customer journey, with a record-breaking $25 billion in revenue last year, it's anyone's guess just how far TCS will go in 2023 with this exciting new structure in place.

By Lokesh Choudhary

Tata Consultancy Services (TCS)—the company that received a penalty of $140 million from the US court in 2022—was at the centre of several headlines in 2022. Be it bagging record deals in the UK amid the looming recession in Britain or setting a new record in attrition while touching the 6,00,000 employee mark. 2022 was the year when TCS reached a milestone, hitting $25 billion in annual revenue and made ripples by stating that moonlighting was an ethical issue. But that’s not all. Let’s delve further into how the year went for TCS financially and more. TCS marking territory in UK’s economy 2022 was not the best year for the UK’s economy, which fought the danger of an unstable government and a looming recession. Nonetheless, TCS managed to bag great deal

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Lokesh Choudhary

Tech-savvy storyteller with a knack for uncovering AI's hidden gems and dodging its potential pitfalls. 'Navigating the world of tech', one story at a time. You can reach me at: lokesh.choudhary@analyticsindiamag.com.