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Searched Tag: tcs layoff 12 000 employees

The wage hike announcement has come a surprise to many, especially after the country’s largest IT services company said it will lay off about 12,000 employees this year

After layoff notice, TCS to roll out wage hikes for 80 pc workers

August 7, 2025, 02:42 PM - 3 min read

India’s IT industry is on a reset mode this year as AI makes its impression felt in almost every sector even while global economies prepare to face US’ tariffs

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Shares of TCS, meanwhile, had declined nearly 2 per cent on Monday

Layoff notice leads to TCS mcap erosion of ₹28,149 crore

July 29, 2025, 08:51 PM - 3 min read

India’s largest IT services firm, TCS, is set to lay off about 2 per cent or 12,261 employees, of its global workforce this year, with the majority of those impacted belonging to middle and senior grades

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TCS shares dip by nearly 2 pc

July 28, 2025, 05:46 PM - 2 min read

The slide comes in the wake of the company’s announcement that it would lay off about 12,000 employees this year

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