TCS issues statement, says 'moonlighting against core values; no action taken against any staff'

The country's largest IT services exporter TCS on Monday said moonlighting is an "ethical issue" and against its core values but has not taken any action against any staff. The company, which employs over 6.16 lakh people, will take into account all the relevant dimensions while forming its final view on the issue which has been dominating headlines for the last few weeks, its Chief Human Resources Officer Milind Lakkad told reporters.