TCS layoffs: IT ministry monitoring job cuts, CEO says not AI disruption
The Union ministry of electronics and information technology is closely monitoring Tata Consultancy Services’ (TCS) decision to lay off over 12,000 employees, mostly at the middle and senior levels. Reports suggest the ministry has said it is in touch with TCS, trying to understand the underlying causes behind the move.
“Employment growth remains a key priority, with sharp focus on how initiatives like Employment Linked Incentive can help boost job creation,” a source was quoted as saying by PTI.
