Tcs Layoffs News Today

TCS Layoffs: Get the latest TCS layoffs news on The Economic Times. Find TCS Layoffs Reason, TCS Employee Count, TCS Workforce, TCS Job Cuts and more.

When confronted, the boss claimed that she had been sitting on her phone for 'four hours'

IT major Accenture announced 19,000 job cuts on Thursday. This comes in as the company lowered its growth and profit projections in its earnings call amid recessionary fears and global headwinds. Indian IT companies, like TCS, Infosys, Wipro, Tech Mahindra, and others, have also been sharing similar management commentary since the past few quarters. Does this mean similar cutbacks can also be expected at Indian IT majors?

Tata Consultancy Services (TCS) chief human resources officer, Milind Lakkad, confirmed that the company is looking at layoffs. In addition, he stated that the company is prepared to hire new employees who were laid off. Lakkad told PTI, "We don't do layoffs, we believe in grooming talent in the company, and there will be no layoffs." He also hinted at hikes similar to those

During the third quarter of FY23, TCS workforce stood at 613,974 -- a net reduction of 2,197 employees compared to a headcount of 616,171 employees in the September 2022 quarter.