Tuesday, 31 March, 2026
TCS Plans Largest Layoffs Ever: 12,000 Jobs to Go as Company Repositions for AI and Future Growth
By Isha
India’s largest IT firm, Tata Consultancy Services (TCS), will lay off approximately 12,000 employees—about 2% of its 613,000‑strong global workforce—during FY2026. The reductions, focused on mid‑ and senior‑level staff, are driven by skill mismatches amid shifts toward AI, data, and cybersecurity. TCS says impacted employees will receive severance packages, outplacement assistance, extended insurance, and counselling. CEO K. Krithivasan emphasized the cuts reflect deployment feasibility.
Read full story at Economic Times