Tata Trusts plans to eliminate the positions of chief financial officer and chief operating officer in order to reduce operational and management costs.
An internal audit found that staffing costs had risen to Rs 180 crore, and additional expenses from direct implementation projects brought the total employee-related expenditures to Rs 400 crore.
The restructuring efforts were initiated before Noel Tata's appointment, indicating a proactive approach to streamlining operations.