With four years left before his term ends, TCS CEO and MD Rajesh Gopinathan announced his resignation from the country’s largest IT services behemoth last week. Though the next day after his resignation, at a press briefing, he said it is better to leave when everything is good and that “if not now, will there be a better time,” analysts said there is more to this than meets the eye.
In April 2022, TCS launched a new operational structure under which four business groups – acquisition, relationship incubation, enterprise growth, and business transformation – were created. “Under the new structure, it is hard to find who is in charge, and in some instances, with too many cooks in the kitchen, this is quite unlike the normal TCS interactions that are usually disciplined and on target,” said Peter Bendor- Samuel, CEO of Everest Group.