TCS to Reduce Workforce by 2%, Impacting Over 12,000 Jobs

Reported 1 day ago

Tata Consultancy Services (TCS), India's largest IT services provider, announced it will cut 2% of its workforce, affecting around 12,200 jobs as it adapts to technological advancements and market uncertainties. The cuts primarily target middle and senior management roles. TCS aims to ensure this transition does not disrupt client service, amid challenges like reduced non-essential tech spending due to inflation and uncertain U.S. trade policies.

Source: YAHOO

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