TCS is set to cut 12,000 jobs globally, around 2% of its staff, due to skill mismatches, not AI. The layoffs will occur gradually through FY26 and will focus on mid-to-senior levels, with support and ...

Tata Consultancy Services (TCS) faces objections from IT employee organizations over its plan to reduce staff by ...

The company stated that its employees have invested 15 million hours in developing expertise in emerging technologies to drive business transformation.

Tata Consultancy Services (TCS) faces scrutiny after announcing layoffs of 12,000 employees globally. Citi has cut its share price target to Rs 3,135, flagging skill mismatch, margin pressures, and ...

Tata Consultancy Services (TCS) announced that it would reduce its global workforce by approximately two per cent, a move ...

TCS announces cuts of 12,000 workers (2 percent of their employees) in 2026. TCS is focused on senior and middle management ...

The rise of Artificial Intelligence (AI) and Large Language Models (LLMs) has revolutionized the digital world, but it has ...

TCS CEO and MD K Krithivasan clarified that artificial intelligence (AI) is not the reason behind the layoffs. “This is ...

MF distributor D Muthukrishnan, said the IT sector is a significant reason for creating upwardly mobile classes in India, as ...

CEO K Krithivasan said the recently announced job cuts are due to a “skill mismatch” and not because of artificial intelligence replacing roles. He added that TCS will continue to look for ...

Brokerage firms remain divided on TCS shares following the layoff news. Citi has maintained a sell recommendation with a ...