Tata Consultancy Services will cut 2% of its staff, over 12,000 jobs, mainly at the mid and senior levels. It’s the biggest layoff in India’s IT history!
Even before the layoff news, TCS indefinitely delayed onboarding 600+ lateral hires. Many had quit their old jobs, trusting TCS’s offer letters.
TCS says onboarding is paused due to shifting project needs. But there’s no clear timeline or written assurance for these experienced professionals.
CEO K Krithivasan insists the cuts aren’t due to AI. The reason?
A mismatch between current skills and new business demands.
Employee unions slam the layoffs and onboarding freeze, urging workers to stand firm, resist forced resignations and seek legal help.
TCS isn’t alone. Globally, tech layoffs continue, with Microsoft cutting 15,000 jobs this year as automation, slowdown, and profit pressures bite.
With broken promises and record cuts, India’s IT workforce faces tough times and tough questions about trust and job security.