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TCS is set to cut 12,000 jobs globally, around 2% of its staff, due to skill mismatches, not AI. The layoffs will occur ...
Tata Consultancy Services (TCS), is planning to layoff around 12,000 employees, or roughly 2 percent of its global workforce.
The IT giant which has a total headcount of 6.13 lakh employees as of June 2025, plans to implement the layoffs across various domains and geographies. In a statement, the company said the layoffs ...
The tech giant's CEO K Krithivasan firmly dispelled the notion that the job cuts are a result of AI replacing human workers.
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After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.
CEO Krithivasan added that the layoffs will be handled gradually and compassionately, with a process in place to identify ...
Another global firm, Citi Research, has retained its 'sell' rating on TCS and kept the target price at Rs 3,135. The brokerage highlighted weakness in core markets and flagged concerns over margin and ...