TCS layoffs: Will other Indian IT firms follow suit?
BENGALURU: A day after the country’s largest IT services firm Tata Consultancy Services (TCS) announced about 12,260 job cuts, techies and freshers are now concerned whether other IT firms will follow suit. Big tech giants such as Microsoft and IBM have fired 15,000 and 8,000 employees respectively this year alone. But this is the first time in recent years that an Indian IT services company has announced its biggest ever job cut.
