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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
700 jobs Number of planned job creations
Announcement Date
14 June 2005
Employment effect (start)
14 June 2005
Foreseen end date
1 January 2008
Description
The Tata Group is one of India's largest business conglomerates with 220,000 employees worldwide. Tata Consultancy Services (TCS) is among the leading global information technology consulting, services and business process outsourcing organisations, offering services to clients across 55 countries. The company's vision is to be a Global top 10 IT services company by 2010. TCS established a Global Delivery Center in Budapest in 2001. The company employs 300 people in the Center and this number is to increase by 700 in 2008.
Sources
14 June 2005: Világgazdaság
Citation
Eurofound (2005), Tata Consultancy Services, Business expansion in Hungary, factsheet number 61747, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61747.
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