TCS layoffs impact: Nasscom expects ‘workforce rationalisation’ in tech industry, experts warn of cost pressures, AI

Industry trade association Nasscom (National Association of Software and Service Companies) has in a report titled ‘Workforce realignment and industry transformation’ hinted at what it foresees for the future of the tech industy.

While the organisation did not implicitly name Tata Consultancy Services, this report comes just days after news of the company’s recent layoff of 12,000 employees broke.