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IT Ministry Keeping Close Watch on Situation
Business Standard
|July 29, 2025
The information technology (IT) ministry is keeping a close watch on the situation arising out of Tata Consultancy Services' (TCS') decision to lay off over 12,000 employees, and is in touch with the Tata group company, sources said on Monday.
The move comes as India's largest IT services company is preparing to lay off 2 percent of its global workforce this year, in what it describes as a broader strategy to become a "future-ready organisation", with a focus on investments in technology, AI deployment, market expansion, and workforce realignment. The bulk of the impact will be felt on middle and senior grades at TCS.
Dit verhaal komt uit de July 29, 2025-editie van Business Standard.
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