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TCS Layoffs Spark Fear: Over 12,000 Jobs at Risk Due to New Bench Policy

TCS Layoffs: A New Bench Policy Raises Concerns

Tata Consultancy Services (TCS) has recently announced layoffs affecting 12,000 employees, but fears are growing that the actual number could be higher. The company's new bench policy is at the heart of these concerns, leaving many to worry about their job security.

TCS layoffs: Will new bench policy result in more than 12,000 pink slips? ‘Everyone is scared…’

What is the new TCS Bench Policy? TCS has introduced a 35-day annual limit for employees to remain on the bench, requiring 225 days of project allocation. Failure to meet these requirements could lead to disciplinary actions, including termination.

Impact on Employees

Employees, especially those unassigned to projects, are feeling the pressure. Senior employees, in particular, face challenges in securing new projects, making them more vulnerable to the policy's implications.

Will Job Losses Exceed 12,000?

While TCS has not confirmed numbers beyond the initial 12,000, insiders suggest that the bench policy could lead to more layoffs. The situation has prompted discussions about the future of employment in the IT sector amidst growing automation and AI integration.