The COVID-19 pandemic made hybrid work environments, work-from-home or a work-from-anywhere model possible, especially for the Information Technology and Information Enabled Services (IT/ITeS) sectors. Post the pandemic, IT companies that have operations in major cities, are finding it difficult to bring employees back to offices and are now looking to go to smaller cities to retain talent.
As per data available on the website of Guidance Tamil Nadu, the State’s nodal investment agency, the IT/ITeS sector provides direct employment to nearly 6,61,000 people in T.N., and accounts for 11% of the share of total investments in this sector in India.
Recently, IT major Cognizant said that in the post-pandemic era of hybrid and redistributed work, it is looking to rationalise workspaces, especially in India’s largest cities, by redistributing some real estate to smaller cities. This structural shift would help eliminate 80,000 work stations and 11 million square-feet of work space in large cities in India, it said.
