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TCS market valuation plunges Rs 28,149 crore after announcement of 12,000 layoffs. Stock declines, impacting market ...
While Tata Consultancy Services (TCS) has recently sent shockwaves through India's entire IT sector by deciding to cut its workforce by 2%, data has revealed that the roles that are artificial ...
TCS will let go more people in the coming months, as it expects to complete this layoff exercise by the end of this year.
The report noted that this move reflects the company's increasing focus on conserving margins amid persistent growth ...
TCS is freezing experienced hiring and global salary hikes amidst concerns over slow demand and AI's impact, potentially ...
Tata Consultancy Services (TCS) plans to reduce its global workforce by up to 2% (around 12,000 employees) in FY26. CEO K. Krithivasan clarified that the layoffs are due to skill mismatches, not ...
CP Gurnani, former CEO of Tech Mahindra, said that layoffs show that measuring IT companies by how many employees they have ...
Tata Consultancy Services (TCS) has decided to halt the hiring of experienced professionals and suspend global salary hikes, ...
TCS cuts over 12,000 jobs as Indian IT pivots to GenAI, automation and leaner delivery teams. Hiring slows across top firms ...
The comes as TCS is preparing to lay off 2% of its global workforce in what it describes as a broader strategy to become a ...
Employees can only migrate to their existing group insurance company’s retail plan to start with. The switch to other ...
Legacy roles are fading, AI is rising, and hiring is stalling—India’s IT services industry is entering a turbulent new phase.