State government intervention not needed in TCS layoffs: Priyank Kharge

The massive layoffs announced by IT major TCS were a business decision, and do not need intervention from the Karnataka government, state IT minister Priyank Kharge told Mint on Friday.

“TCS overestimated their business and had a heavy bench strength, thus leading to a course correction. A very little part of it had to do with artificial intelligence (AI). Now, be it AI or any other disruptive technology, the industry needs to ensure that human resources remain on top of necessary skills. As the state government, we need to work with industries to…