TCS layoffs: ‘12,000 is a very huge number’ — Karnataka minister says will look into labour law leniency
India’s largest IT services provider Tata Consultancy Services (TCS) had recently announced its plans to lay off 12,261 employees, or about 2 per cent of its global workforce, this year. The majority of those impacted belong to middle- and senior-level employees.
Reacting to the development, Karnataka Labour Minister Santosh Lad on Thursday said that his government will look into labour law leniency given to sunrise companies in the state.
