India's IT Ministry is closely monitoring TCS's plan to reduce its workforce by over 12,000 employees, primarily impacting middle and senior management. This restructuring, representing two percent of ...
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TCS's 12,000 job cuts spark fears of larger IT layoffs
BENGALURU: TCS laying off over 12,000 mid- and senior-level employees has sent shockwaves across the tech industry. This move not just challenges the perception of TCS as a company known for job ...
K Krithivasan, CEO and MD of TCS, told Moneycontrol that his company’s decision to shed about 12,000 jobs, or about 2% of its global workforce, is unrelated to AI induced efficiency gains. However, ...
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