TCS has 18,000 H-1B Visa Workers

Hindu Business Line is reporting that

Tata Consultancy Services has not filed for a single H1B visa this year mainly due to its focus on shifting more work to low-cost destinations such as India and China.

Moreover, the company already has around 18,000 employees with valid H1B visas, both in India and overseas, said Mr Ajoy Mukherjee, Vice-President and Head Global Human Resources.

TCS relocated over 1,000 of its overseas staff during the quarter ended June 30 to increase offshoring revenues. The move had a positive impact of about 95 basis points on the company’s margins.

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