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TCS to cut workforce by 2% amid shift towards AI

The New Indian Express Tiruchy

|

July 28, 2025

THE AI storm is finally here, and as feared it is taking away jobs.

- UMA KANNAN @Bengaluru

Tata Consultancy Services (TCS), India's largest IT services firm, plans to lay off 2% of its global workforce in line with the company's broader strategy to become 'future-ready'. In absolute terms, 12,260 employees in the middle and the senior grades will lose jobs this year. TCS's workforce, as on June 30, stood at 6,13,069.

FLERE HISTORIER FRA The New Indian Express Tiruchy

The New Indian Express Tiruchy

Experts say mkt momentum to persist

A pickup in earnings, optimism around a potential US-India trade pact and a supportive macro backdrop have sparked an upswing in Indian equities since early October, pushing the headline indices back towards their late-September 2024 record highs. Market experts expect the momentum to persist, with some projecting that the BSE Sensex could scale the six-figure mark by the end of next year if the current tailwinds hold.

time to read

1 mins

November 24, 2025

The New Indian Express Tiruchy

The New Indian Express Tiruchy

Amid criticism, Cong insists INDIA bloc united, will manage floor well

AHEAD of the Winter session of Parliament, Congress whip and party's parliamentary strategy group member Manickam Tagore on Sunday asserted that the INDIA alliance remains united and the party is committed to taking other parties along. The session, with 15 sittings, is slated to begin on December 1 and conclude on December 19.

time to read

2 mins

November 24, 2025

The New Indian Express Tiruchy

No more flight delays this winter as Kolkata airport gets CAT III ready

FLIGHT delays on foggy winter days will soon become a thing of the past at Kolkata's Netaji Subhash Chandra International Airport, as one of its runways is set to be CAT-III compliant from November 27.

time to read

1 mins

November 24, 2025

The New Indian Express Tiruchy

Once forgotten South Africa's man, Muthusamy keeps growing in stature

IT'S funny how these things work out in the end, eh?

time to read

2 mins

November 24, 2025

The New Indian Express Tiruchy

Chess WC: Sindarov and Wei Yi seal Candidates spots

UZBEKISTAN'S GM Javokhir Sindarov and GM Wei Yi of China will be facing off in the finals of the FIDE World Cup 2025 after they won their respective semifinals via the tiebreak and also confirmed their Candidates Spots on Sunday.

time to read

1 min

November 24, 2025

The New Indian Express Tiruchy

Lakshya ends title drought in Sydney

AT long last, Indian shuttler Lakshya Sen ended up on the winning side as he captured the Australian Open, his first title of the season.

time to read

1 min

November 24, 2025

The New Indian Express Tiruchy

IIM LUCKNOW

A conversation with Director MP Gupta on the institute's evolving programmes, partnerships, and vision for 2050

time to read

3 mins

November 24, 2025

The New Indian Express Tiruchy

US court upholds $194 mn award against TCS in trade secrets lawsuit

IN a setback to Tata Consultancy Services Ltd. (TCS), the company informed the exchanges that it has been handed an adverse ruling by a US appeals court, which has upheld a nearly $194 million damages award against the Indian IT giant in a long-running trade secrets lawsuit.

time to read

1 min

November 24, 2025

The New Indian Express Tiruchy

KNOWING BEHAVIOURAL BIASES IN MF INVESTING

EVERY tenth rupee invested in the Indian equity markets belongs to a mutual fund investor. Cumulatively, the collective wealth of all mutual fund investors exceeds $500 billion, or ₹43,00,000 crore. That may sound like some serious wealth for Indians.

time to read

2 mins

November 24, 2025

The New Indian Express Tiruchy

The New Indian Express Tiruchy

Ukraine foreign minister dials EAM amid US peace plan

WITH Washington's deadline fast approaching for Kyiv to accept US President Donald Trump's contentious 28-point peace plan, Ukrainian Foreign Minister Andrii Sybiha reached out to External Affairs Minister S Jaishankar to brief him on the diplomatic efforts to end the nearly four-year conflict with Russia.

time to read

1 min

November 24, 2025

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