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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.
TCS has announced plans to reduce its global workforce by two percent during the 2025–26 financial year, impacting ...
Ratan Tata's TCS is set to lay off 12,261 employees, with the majority of those impacted belonging to middle and senior grades.
Similarly, LTIMindtree’s new boss, Venu Lambu, during the company's earnings call, said that the focused approach to ...
India Today on MSN3h
Karnataka minister calls TCS layoffs 'alarming', summons firm for discussion
Earlier, TCS Chief Executive K Krithivasan said that the decision was part of a broader strategy to make the leading IT firm ...
India's largest IT services company has announced it will reduce its workforce by 2% as it gets future ready for AI.
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.
Tata Consultancy Services (TCS), has come under the scanner of the Ministry of Labour following reports of large-scale ...
According to experts, IT, textile, auto, and pharma stocks are expected to come under severe selling pressure after 25% US ...
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