TCS PLANS to lay off over 12K OF STAFF this year
nEW dELHI, July 28 -- India's largest IT services firm, Tata Consultancy Services (TCS), is set to lay off about 12,260 employees this year, it said on Sunday. "TCS is on a journey to become a Future-Ready organisation. As part of this journey, we will also be releasing associates from the organisation... This will impact about 2% of our global workforce, primarily in the middle and the senior grades," it said. The company attributed the decision, which will primarily impact senior and middle-level employees, partly to AI.P12...
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