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TCS layoffs signal a pivot to margin preservation as Indian IT firms grapple with AI disruption and rising pricing pressure.
With news of layoffs at Tata Consultancy Services ( TCS) making the rounds, a Bengaluru -based IT employee has shared his ...
TCS to lay off 12,000 employees amid skill mismatches and restructuring, as AI-driven shifts and global demand challenges ...
Tata Consultancy Services Ltd., Asia’s largest IT services firm, will reduce about 2% of its global workforce — as much as 12 ...
IT services sector faces challenges due to lack of investments, shareholder value obsession, diminishing ability to take ...
HCLTech CEO C Vijayakumar's FY25 compensation reached $10.85 million, surpassing his peers at TCS, Infosys, Wipro and Tech ...
Seven of the ten most valued firms in India saw a combined market value erosion of Rs 1.35 lakh crore last week, with Tata ...
India's leading IT services provider, plans to lay off 12,261 employees this year, prompting Karnataka's minister to review ...
2hon MSN
Mcap of 7 of top-10 valued firms falls by ₹1.35 lakh crore; TCS, Bharti Airtel biggest laggards
The combined market capitalization of seven out of the ten most valued companies declined by ₹1.35 lakh crore last week, with ...
The meeting, however, didn’t discuss the mass-layoffs announced by TCS. 'That will be discussed later,' an official confirmed to Moneycontrol.
The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.
TCS has told the labour ministry it will honour all job offers despite delays in onboarding due to global headwinds.
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