Tata Consultancy Services (TCS), India’s largest IT services company, is set to cut around 12,200 jobs, which amounts to about 2% of its global workforce, mainly affecting middle and senior management. The company is undergoing a major restructuring driven by shifts in technology, especially the rise of AI, and changes in how business operates. While TCS is investing heavily in retraining and redeploying employees to adapt to new markets and technologies, some roles have become redundant, leading to these job cuts.
TCS CEO K Krithivasan described the decision as one of the toughest of his career and emphasized that the company is trying to manage the transition carefully to avoid disrupting client services. He also mentioned delays in client projects and decision-making as contributing factors. Meanwhile, TCS has postponed the onboarding of over 600 experienced hires without prior notice, leaving many candidates in uncertainty. Although the company has assured that all job offers will be honoured, this move has caused anxiety and financial stress for many who resigned from previous jobs expecting to join TCS.
The situation has drawn criticism from the Nascent Information Technology Employees Senate (NITES), which has appealed to the government for intervention, calling the company’s actions exploitative and unfair.
