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India’s largest IT exporter, Tata Consultancy Services (TCS), has decided to lay off around 2% of its workforce, or roughly over 12,000 employees, over the year as macro uncertainties and AI-led technology disruptions continue to hit business demand.
As of June end, the Mumbai-headquartered Tata subsidiary employed a workforce of 613,069.
“TCS is on a journey to become a future-ready organisation… As part of this journey, we will also be releasing associates from the organisation whose deployment may not be feasible. This will impact about 2% of…
