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Indian Software Services Giant TCS to Reduce Workforce by 12,000 Employees
3 week ago /
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Author：小编
On July 27, Indian IT behemoth Tata Consultancy Services (TCS) announced plans to downsize its global workforce by approximately 12,000 employees, representing 2% of its total staff. This reduction will primarily affect mid- to senior-level roles, with the objective of concluding the layoffs within the current fiscal year. TCS cited a decline in industry demand as the primary reason behind this decision. The company emphasized that this strategic move aims to pivot towards exploring new markets and scaling up its artificial intelligence applications.
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