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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 ...
However, TCS CEO K. Krithivasan has said in an interview that “AI giving some 20 percent productivity gains” is not the ...
The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.
The firm communicated to its employees through an internal email regarding challenges from market and economic uncertainties.
Similarly, LTIMindtree’s new boss, Venu Lambu, during the company's earnings call, said that the focused approach to ...
Earlier, TCS Chief Executive K Krithivasan said that the decision was part of a broader strategy to make the leading IT firm ...
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 ...
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2% in its 2026 financial year, ...
Ratan Tata's TCS is set to lay off 12,261 employees, with the majority of those impacted belonging to middle and senior grades.
CNBC TV18's Hormaz Fatakia joins Sri Jegarajah on Inside India to talk about Tata Consultancy Services' announcement that it ...
India's largest IT services company has announced it will reduce its workforce by 2% as it gets future ready for AI.