TCS to layoff 12,000 employees: What we know so far about the mass cull

Tata Consultancy Services, the largest software exporter in India, has announced layoffs that will affect around 12,000 employees, or 2% of its global workforce.

The announcement follows suspense on salary hikes after a tepid June quarter, anxiety among staff over a new benching policy, and employee bodies decrying delays in lateral hiring.

Here’s a detailed look at all the issues:

TCS layoffs: All you need to know

The massive layoffs will primarily affect employees in middle and senior roles. Employees on the bench for a long time may also face the…