Tata Trusts to remove CFO, COO roles to cut costs: Report

Tata Trusts is reportedly planning to eliminate the roles of CFO and COO as part of restructuring to optimise operational and management costs. This comes after an internal survey and audit found a significant rise in staffing costs, estimated at around ₹180 crore. The exercise was started before Noel Tata's appointment as Chairman of the Trusts following Ratan Tata's demise.