Sunday, 12 April, 2026
TCS Incurs Massive Layoff Costs as Headcount Drops by Over 23,000 Employees
By Isha
Tata Consultancy Services (TCS) reported a significant workforce reduction, with its headcount falling by 23,460 in a single year. The IT giant spent ₹1,268 crore on restructuring and employee departures during this period. While the decline reflects a cautious hiring environment and a focus on operational efficiency, experts suggest TCS is pivoting toward high-margin AI and cloud projects.
Read full story at Financial Express