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GlobalData on MSNTCS to cut more than 12,000 jobs amid AI-led disruptionsThis transition is being planned with due care to ensure there is no impact on service delivery to our clients," TCS said. As ...
The Indian IT sector is going through a storm. Recent layoffs at Tata Consultancy Services (TCS), the largest IT company in ...
Legacy roles are fading, AI is rising, and hiring is stalling—India’s IT services industry is entering a turbulent new phase.
TCS shares hit 52-week low amid layoffs and market volatility, reflecting challenges in IT sector transformation.
TCS announces layoffs impacting 2% of global workforce, signaling shift in Indian IT industry amid macroeconomic challenges.
TCS, India's largest IT firm, will lay off 12,261 employees, about 2% of its workforce, due to AI disruptions and uncertain ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
The restructuring comes alongside changes to TCS’s internal bench policy. In June, the company began enforcing a revised ...
While TCS profits grew year-on-year, revenue growth was just 1.3% and actually declined in constant currency terms. More ...
TCS European business sales were at $1.68 billion in fiscal year ending in March 2010, making it the second-largest region for the group after the United States.
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