TCS Announces Significant Workforce Reduction

Tata Consultancy Services (TCS), India's leading IT services firm, has announced plans to lay off over 12,000 employees, approximately 2% of its global workforce. This decision has sparked widespread concern and opposition within the IT sector.

Unions Rally Against TCS Layoffs

IT employee unions have condemned the layoffs as unlawful and are advising affected TCS staff not to resign under pressure. The Karnataka State IT/ITeS Employees Union has called for the withdrawal of the layoff plans and the reinstatement of affected employees.

Support and Compensation for Affected Employees

TCS has stated that departing employees will receive notice period compensation, severance packages, and continued insurance benefits. The company also promises job placement assistance and counseling to help affected staff transition to new opportunities.

TCS's Stance on the Layoffs

TCS CEO K Krithivasan clarified that the layoffs are not due to AI replacing jobs but are a result of skill set incompatibility. The company remains committed to hiring skilled professionals and becoming a future-ready organization.