TCS prepares job cuts as sector watches rise of AI

Tata Consultancy Services (TCS) will lay off approximately 12,000 employees this fiscal year, as India’s biggest private employer adjusts to slowing growth and rising artificial intelligence (AI).

The company attributed the decision, which will primarily impact senior and middle-level employees, partly to AI.

“TCS is on a journey to become a future-ready organization,” a company statement said on Sunday.