TCS Ask Managers to classify 5% staff as Underperformers

A month after completing its biggest retrenchment exercise, Tata Consultancy Services Ltd (TCS) asked managers to classify roughly 5% of employees in the company's lowest performance band during the latest appraisal cycle, according to an internal email reviewed by Mint and confirmed by an executive. The move has triggered fresh anxiety inside India's largest software exporter because many employees laid off in the recent 12,200-person workforce reduction were placed in the same band, according to executives familiar with the process.