TCS to cut workforce by 2%, over 12,000 jobs to be axed amid AI shift and weak demand

Tata Consultancy Services (TCS), India’s largest IT services firm, on Sunday said it would trim around 2% of its workforce or roughly 12,200 jobs in the 2026 financial year, primarily affecting middle and senior management.

The move, the company said, aligns with its evolving business model powered by artificial intelligence and automation, amid an uncertain demand environment.

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