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The Union IT ministry is also closely monitoring the situation arising from TCS’s decision to lay off over 12,000 employees.
The firm communicated to its employees through an internal email regarding challenges from market and economic uncertainties.
Late Ratan Tata had rejected the layoffs during the Covid times and said layoffs decisions were being taken in panic.
According to reports, TCS is expected to provide a detailed explanation regarding two key issues: the planned reduction of 2% of its workforce — impacting around 12,000 employees — and the pending ...
TCS is freezing experienced hiring and global salary hikes amidst concerns over slow demand and AI's impact, potentially ...
Tata Consultancy Services’ (TCS) decision to lay off over 12,000 employees has sent a ripple of unease across the Indian IT ...
TCS recently announced that the company would release 2% of its global workforce, which would account to more than 12,000 ...
Tata Consultancy Services (TCS) is reportedly planning to reduce its global workforce by 2%, impacting nearly 12,000 ...
TCS announced that it will cut two per cent of its global workforce in the financial year 2025–26, affecting around 12,000 jobs.
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2% in its 2026 financial year, ...
India’s largest IT services company, Tata Consultancy Services (TCS), has initiated a series of major workforce ...
Tata Consultancy Services (TCS) maintains a steady market position, despite a challenging environment and a recent 1.7% decline in returns.
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