TCS Announces Major Workforce Reduction

India's leading IT services firm, Tata Consultancy Services (TCS), has announced plans to lay off approximately 12,000 employees, marking a 2% reduction in its workforce. This decision represents the largest workforce reduction in the company's history, surpassing the 3,000 layoffs in 2015.

NITES Calls for Immediate Halt to Layoffs

The Nascent Information Technology Employees Senate (NITES) has written to Labour Minister Mansukh Mandaviya, challenging the legality of the layoffs and demanding a halt to all terminations. The union warns that such actions could set a dangerous precedent, undermining worker protections and confidence in India's labor market.

CEO Salary Increase Amid Layoffs Draws Criticism

Amid the layoffs, TCS CEO K Krithivasan's salary saw a 4.6% increase to Rs 26.5 crore in FY25, sparking outrage. NITES has called for accountability from the company's leadership and an investigation into delayed onboarding practices affecting 600 professionals.

Industry Unions Rally Against TCS's Decision

Other trade unions, including the Karnataka State IT/ITeS Employees Union and the Forum for IT Employees (FITE), have condemned the layoffs as unlawful. They urge TCS to withdraw its layoff strategy and provide adequate compensation and benefits to affected employees.