TCS layoffs: Why is IT major laying off 12,000 employees from its global workforce? Explained
By
Neha Kumari
TCS layoffs: India’s largest IT company, Tata Consultancy Services (TCS), is set to cut its workforce by 2% this year, affecting as many as 12,261 employees of its global workforce.
The development comes just two weeks after TCS said that the company’s ‘priority’ focus is delivering wage hikes for its over 6 lakh workforce.
