Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Indian IT services company Tata Consultancy Services (TCS) has announced that it will create 1,600 new jobs in France within the next three years.
According to the company, France is one of its fastest-growing markets in Europe. Currently, TCS employs 1,600 employees across its major centers in France (Paris, Lille, Poitiers, and Puteaux). Around 60% of its current French employees are French nationals. With nearly 30 years of operations in France, TCS serves over 80 local clients across various sectors.
In addition to its expansion in France, TCS continues to strengthen its European footprint, including a 15-year partnership with British insurance provider Aviva through its subsidiary Diligenta. A previous case of business expansion was recorded in the ERM data-base, in the United Kingdom in 2021, with 1,500 jobs created Tata 2021-UK.
Tata Consultancy Services specializes in IT services, consulting and business solutions. Headquartered in Mumbai, it is a part of the Tata Group and operates in 150 locations across 46 countries. The company employs more than 612,000 people worldwide
Eurofound (2024), Tata Consultancy Service, Business expansion in France, factsheet number 201850, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/201850.
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