TCS layoffs: Amidst mass sackings, Tata Consultancy Services stops salary hikes & senior level hiring; ‘huge cost cutting in…’
TCS is freezing experienced hiring and global salary hikes amidst concerns over slow demand and AI’s impact, potentially cutting 12,000 jobs. This move, impacting cities ...
TCS layoffs: IT ministry ‘closely monitoring’ 12,000 job cuts, claims report; IT union calls tech firm’s move illegal
India’s IT Ministry is closely monitoring TCS’s plan to reduce its workforce by over 12,000 employees, primarily impacting middle and senior management. This restructuring, representing ...
‘Halt all terminations…’: TCS layoffs prompt NITES to write to Labour Minister; IT employee union wants stay on 12,000 job losses
TCS layoffs NITES, an IT union, has appealed to the Union labour minister regarding TCS’s plan to cut over 12,000 jobs, deeming the dismissals unlawful ...
‘Don’t resign under pressure….’: TCS layoffs opposed by IT employee unions; IT giant to sack 12,000 employees
Tata Consultancy Services (TCS) faces objections from IT employee organizations over its plan to reduce staff by approximately 12,000, impacting middle and senior positions. Unions ...
TCS layoffs: What will Tata Consultancy Services do for 12,000 employees it will let go this year? What the IT giant said
Tata Consultancy Services plans to reduce its workforce by approximately 2%, impacting over 12,000 employees due to economic uncertainties and AI-driven technological changes. The company ...
Q1 earnings wrap: India’s top IT firms report single-digit growth; clients cautious amid weak macros, AI drives selective uptick
India’s leading IT firms experienced modest single-digit revenue growth in Q1 FY26, influenced by global economic uncertainties and cautious client spending. While TCS and Infosys ...
Infosys stock: IT stock slips 1.3% after Q1 results, Rs 8,661 crore in market value wiped off
Infosys shares experienced a decline of over 1% on Thursday due to profit-booking following the release of its Q1 FY26 results, resulting in a significant ...
Moonlighting on rise, IT cos tighten checks
The IT industry is seeing a significant increase in moonlighting-related background checks due to low salary increases and job market uncertainty. Verification firms are flagging ...
Infosys promoters get Rs 2.3k crore dividend
Infosys promoters are set to receive a substantial dividend payout of Rs 2,330 crore, driven by their significant 14.6% stake in the company. Nandan Nilekani ...
