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TCS is freezing experienced hiring and global salary hikes amidst concerns over slow demand and AI's impact, potentially ...
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Asianet Newsable on MSN12,000 Employees At Risk of Losing Their Jobs: What TCS Layoffs Indicate About Future of IT Sector
TCS plans to lay off 2%, or nearly 12,000 staff, citing skill mismatch, not AI. Critics argue AI is a key factor. Unions call ...
TCS cuts over 12,000 jobs as Indian IT pivots to GenAI, automation and leaner delivery teams. Hiring slows across top firms ...
Tata Consultancy Services (TCS) has decided to halt the hiring of experienced professionals and suspend global salary hikes, ...
TCS will let go more people in the coming months, as it expects to complete this layoff exercise by the end of this year.
TCS is on a journey to become a future-ready organisation,” read the IT firm's 2% workforce reduction - approximately 12,000 ...
TCS market valuation plunges Rs 28,149 crore after announcement of 12,000 layoffs. Stock declines, impacting market ...
Tata Consultancy Services (TCS) has reportedly decided to freeze lateral hiring and pause annual salary increases globally ...
Similarly, LTIMindtree’s new boss, Venu Lambu, during the company's earnings call, said that the focused approach to ...
1h
ABP News on MSNTCS Job Cuts Raise Red Flags: Report Says Cost-Cutting Could Hurt Growth
The report noted that this move reflects the company's increasing focus on conserving margins amid persistent growth ...
Legacy roles are fading, AI is rising, and hiring is stalling—India’s IT services industry is entering a turbulent new phase.
Association urges industry, academia, and govt to work together to bridge the skills gap and sustain India’s tech leadership ...
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