TCS layoffs: Tata Consultancy Services (TCS) has decided to stop
recruitment of senior staff and freeze yearly salary increments
across its global operations. This decision follows the company’s
recent announcement to reduce its over 6 lakh workforce by 2% –
which is around 12,000 people who will be laid off.
The mass sackings by TCS have heightened concerns within the IT
sector, which is currently facing reduced demand and potential
job losses due to artificial intelligence advancements. Industry
analysts suggest that other companies facing similar challenges
might follow TCS’s approach.
Sources told ET that the waiting period for experienced new hires
to join has extended beyond 65 days. TCS has begun removing
numerous inactive employees across its offices in Hyderabad, Pune, Chennai and Kolkata, implementing its new
directive that requires unassigned staff to secure projects within 35 days or leave.
TCS has begun removingnumerous inactive employee
