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Tata Consultancy Services (TCS) faces backlash and protests organized by UNITE due to its plan to lay off approximately 12,000 employees. The union alleges that these layoffs disproportionately ...
TCS has stated that speculation over its layoffs are misleading after the Union of IT And ITES Employees protested against the IT major's 12,000 job cuts and alleged that it is replacing laid-off ...
TCS layoffs: Union claims around 40,000 employees lost jobs, company calls it misleading A major row has erupted over layoffs at Tata Consultancy Services (TCS). While the IT employees' union ...
Till now, most of the layoffs were happening in far-off places like the US and Europe, but the TCS announcement that it was letting go 2% of the workforce brought this phenomenon closer home.
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Tata Consultancy Services (TCS) has confirmed that over 12,000 employees have been laid off so far this financial year, just weeks after introducing a controversial new benching policy.
TCS employed the highest number of workers in FY25, at 636,833 employees. Infosys hired the distant second-highest number at 348,596 in FY25, followed by Wipro at 235,415.
A Reddit thread reveals that TCS employees often remain for decades due to a mix of job security, overseas postings, steady income and work-life balance.
Infosys has emerged as the first major Indian IT firm to signal optimism for FY26, raising its revenue guidance and expressing confidence in macroeconomic recovery.
The Justice Dept. released transcripts of Deputy AG Todd Blanche's two-day interview with convicted sex trafficker and Jeffrey Epstein associate Ghislaine Maxwell.