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The firm communicated to its employees through an internal email regarding challenges from market and economic uncertainties.
The Union IT ministry is also closely monitoring the situation arising from TCS’s decision to lay off over 12,000 employees.
The union added that the law mandates any company employing more than 100 workers to obtain prior permission from the ...
Late Ratan Tata had rejected the layoffs during the Covid times and said layoffs decisions were being taken in panic.
TCS is laying off 12,000 employees — but this isn’t just cost-cutting. It’s a warning sign for India’s entire IT sector. From ...
IRDAI mandates that insurers must offer migration from a group indemnity health policy (excluding travel & personal accident) ...
India’s largest IT services company, Tata Consultancy Services (TCS), has initiated a series of major workforce ...
Tata Consultancy Services (TCS), has come under the scanner of the Ministry of Labour following reports of large-scale ...
Tata Consultancy Services plans to lay off nearly 12,000 employees, raising concerns in the IT sector about deeper troubles ...
Sources told Moneycontrol that the Labour Department is likely to issue a notice to TCS management following a complaint ...
Infosys will hire 20,000 freshers in FY26, reaffirming its growth plans amid widespread IT layoffs. CEO Salil Parekh ...
In a bold move that contrasts with recent IT sector headwinds, Infosys CEO Salil Parekh has confirmed plans to hire around 20 ...