‘This is not because of AI’, TCS to lay off 2% of global workforce; 12,000 mid and senior employees hit
IT services firm, Tata Consultancy Services (TCS), will lay off 2 percent of its workforce — over 12,000 employees — through the fiscal year 2026 (April 2025 to March 2026), in a major restructuring move to stay “future-ready and agile” amid rapid changes in technology and workplace models, according to moneycontrol.
The decision will impact employees globally across various domains and regions. TCS CEO K Krithivasan told Moneycontrol that the move was driven by evolving skill demands and internal redeployment challenges.
