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Asianet Newsable on MSN12,000 Employees At Risk of Losing Their Jobs: What TCS Layoffs Indicate About Future of IT SectorTCS plans to lay off 2%, or nearly 12,000 staff, citing skill mismatch, not AI. Critics argue AI is a key factor. Unions call ...
TCS is freezing experienced hiring and global salary hikes amidst concerns over slow demand and AI's impact, potentially ...
Tata Consultancy Services (TCS) has faced a valuation loss of Rs 28,148.72 crore over two days following an announcement to ...
TCS is on a journey to become a future-ready organisation,” read the IT firm's 2% workforce reduction - approximately 12,000 ...
The news has sent shockwaves across the industry with many asking why layoffs when the company is profitable and revenues are ...
Tata Consultancy Services (TCS) has decided to halt the hiring of experienced professionals and suspend global salary hikes, ...
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A recent post on X criticises TCS layoffs, showing the pay disparity between leadership and employees. It sparked a heated ...
Similarly, LTIMindtree’s new boss, Venu Lambu, during the company's earnings call, said that the focused approach to ...
TCS market valuation plunges Rs 28,149 crore after announcement of 12,000 layoffs. Stock declines, impacting market ...
TCS will let go more people in the coming months, as it expects to complete this layoff exercise by the end of this year.
TCF has decided to lay off 2 percent of its global workforce. This has fueled fears of further job losses due to AI and ...
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Amidst TCS layoffs, CP Gurnani urges the Indian tech industry to move beyond headcount obsession and embrace outcome-based ...
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