‘It’s not AI’: TCS CEO Krithivasan explains real reason behind 12,000 job cuts
Tata Consultancy Services (TCS) is set to cut around 12,000 jobs globally, approximately 2% of its workforce, in what is being termed one of the company’s biggest-ever layoffs. However, the IT major has clarified that the decision has nothing to do with artificial intelligence replacing jobs.
In an interview with Moneycontrol, TCS CEO K Krithivasan dismissed speculation that AI-led productivity gains were behind the move, saying the cuts are due to a skill mismatch and the company’s inability to redeploy certain employees in its evolving business model.
