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Searched Tag: tcs layoffs

Meta, Microsoft join layoff wave to bankroll AI infrastructure

April 30, 2026, 04:22 PM - 7 min read

The two tech giants join Atlassian, Block, WiseTech Global and Oracle, who have all made similar announcements this year, each evoking AI without outright blaming it.

The country’s largest IT services exporter and private-sector employer reduced its workforce by 19,755 employees in the quarter ending September 30, stated its latest earnings report, marking a 3.2 per cent decline from the previous quarter

TCS carries out its largest layoffs

October 11, 2025, 04:59 PM - 3 min read

In its biggest-ever lay-off, the company cut 19,755 jobs in the quarter ending September 30, its latest earnings report stated

In accordance with its announcement back in August, India’s largest IT services company, TCS, has rolled out salary hikes for a majority of its employees despite plans to lay-off as many as 12,000 workers

TCS rolls out salary hikes

September 2, 2025, 03:27 PM - 2 min read

In accordance with its announcement back in August, India’s largest IT services company, TCS, has rolled out salary hikes for a majority of its employees despite plans to lay-off as many as 12,000 workers

Employees who can leverage AI and help the companies innovate are going to be the ones that are in high demand.

Moment of reckoning for tech industry

August 12, 2025, 02:13 PM - 7 min read

Employers are looking for candidates who know how to use AI platforms, not just to automate tasks but to create business value.

The wage hike announcement has come a surprise to many, especially after the country’s largest IT services company said it will lay off about 12,000 employees this year

After layoff notice, TCS to roll out wage hikes for 80 pc workers

August 7, 2025, 02:42 PM - 3 min read

India’s IT industry is on a reset mode this year as AI makes its impression felt in almost every sector even while global economies prepare to face US’ tariffs

Shares of TCS, meanwhile, had declined nearly 2 per cent on Monday

Layoff notice leads to TCS mcap erosion of ₹28,149 crore

July 29, 2025, 08:51 PM - 3 min read

India’s largest IT services firm, TCS, is set to lay off about 2 per cent or 12,261 employees, of its global workforce this year, with the majority of those impacted belonging to middle and senior grades