
MyVoice: Views of our readers 29th July 2025
Things are changing rapidly at TCS as evidenced by the news of layoffs and tightening of its bench policy. Employment in private sector is driven by client demand, revenue targets, while the bottom line remains one performance level. Companies invariably seek ways to reduce costs. It becomes an employee's responsibility to continuously upgrade skills, stay relevant and become indispensable to both the clients and the organisation. Many companies are sitting on large cash reserves yet continue to lay off staff because employees fail to evolve, rely on outdated skill sets and perform the same tasks they have done for years.
Sajid Farooq, Kurnool
TCS must support affected employees
The decision taken by TCS to lay off 12,000 employees is undoubtedly painful, yet it reflects a tough but strategic move to align the company with emerging technologies and future demands. While such actions disrupt thousands of lives, they often stem from a broader vision of long-term strength and adaptability. To soften the impact, TCS must actively support affected employees through meaningful reskilling programs, emotional and economic counselling and strong job placement assistance, thereby turning a difficult transition into a chance for renewal and growth.
As'ad, Kabir Nagari
Streamlining crowd control can prevent stampedes
The Mansa Devi temple stampede is not just a tragedy but a failure of preparedness due to which faith has turned fatal. That innocent lives were lost to a rumour reflects how vulnerable we remain in crowded spaces. The lack of coordinated crowd control, emergency response systems and foresight are quite alarming. Our temples must become spiritual and safe sanctuaries. One must take to adoption of technology like surveillance; real time alerts and regulated entry and exits at places of pilgrimage. We owe those who lost their lives more than condolences; we owe them systemic changes rooted in responsibility, reverence and compassion.
Dr Vijaykumar H K, Raichur-584170
Crowd management is crucial
The stampede incident in the holy shrine of Mansa Devi is shocking. When auspicious months are underway, the authorities must tighten safety measures to avoid recurrence. It is also binding on the public and the crowd to adhere to a sense of basic discipline, while the police and administration must put in place some extra caution with respect to crowd management, during these auspicious festive months. There is no point in being unplanned and unprepared during such congregations. As responsible citizens, let us also rise to the occasion and avoid such panic situations.
Kirti Wadhawan, Kanpur
Probe the Haridwar temple tragedy
The Mansa Devi temple stampede is the umpteenth such incident in India this year. The series of stampedes mostly at Hindu religious gatherings are all due to the failure of local administrations including the security forces, in anticipating the size of the gathering. And the stampedes occurred mainly due to mismanagement at a given moment or rumours about something or the other, like in the Haridwar incident it was a rumour about an electrical wire that had snapped. This could be the handiwork of anti-Hindu forces in the country, an angle that needs to be probed.
Govardhana Myneedu, Vijayawada
Use technology to avoid flooding
During every monsoon, rains wreak havoc by causing massive damages, Roads turn dangerous, which is made worse by uprooting of trees while buildings collapse and many lives are lost. Flooding cuts of access to several villages. It is a pity that during heavy rains there is an abysmal supply of drinking water. Eminent people like Dr K L Rao, among others, called for linking of rivers. I feel that the best way out is to patronise technology in a big way. Creating open tanks and canals can be ideal for diversion of rainwater and thereby avoid flooding and inundations. There is also a need to avoid blockages and leaks in drainage lines and manholes.
G Shanti Priya, Secunderabad

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India Today
5 minutes ago
- India Today
TCS CEO's salary in focus amid mass layoff plan. Here's how much he earns
Tata Consultancy Services (TCS), India's largest IT services firm, is in the news again, this time not for its profits, but for its people. Recently, the company announced plans to cut around 12,000 jobs in the current financial year. At the same time, the salary of its CEO and MD, K Krithivasan, has sparked debate AFFECTING THOUSANDSTCS recently confirmed it will let go of about 2% of its workforce in FY26, which translates to roughly 12,000 employees. Most of these layoffs will affect mid-and senior-level staff, and the company says the decision is based on skill mismatches and deployment CEO and MD K Krithivasan told MoneyControl that the layoffs are being driven by skill mismatches and situations where the company has not been able to deploy certain employees. TCS, once seen as a job-safe haven similar to government jobs, is now facing public criticism for its mass layoff SALARY IN THE SPOTLIGHTThe company's layoff announcement has put a sharp focus on CEO K Krithivasan's earnings, especially during a time when thousands of employees are losing their per a report by CNBC, Krithivasan took home Rs 26.52 crore in FY25. This includes Rs 1.39 crore as base salary, Rs 2.12 crore in benefits and allowances and Rs 23 crore as large gap between executive pay and employee cuts has led to a growing debate on corporate responsibility, especially at a time when the company is letting go of such a large number of TREND OR INTERNAL SHIFT?TCS is not alone in facing pressure. Many IT firms across India are cutting back on hiring and reassessing their teams. A report by The Economic Times showed that the top six IT companies added only 3,847 employees in the April–June 2025 quarter, a sharp drop of over 70% compared to the previous said the layoffs are not linked to cost-cutting but are instead aimed at reshaping the organisation for the future. The rise of artificial intelligence (AI) and shifting client needs were also cited as reasons behind the FOR AFFECTED EMPLOYEESTo support affected employees, TCS has assured continued salary during the notice period, severance packages, extended health cover, and assistance in finding new job roles. The company also emphasised that it remains committed to business continuity and client TCS reshapes its workforce for the future, questions over leadership pay and employee well-being continue to dominate discussions within India's tech corridors.- Ends


News18
29 minutes ago
- News18
TCS Likely To Suspend Salary Hikes, Freeze Hiring Amid Cost-Cutting Drive: Report
The development comes close on the heels of Tata Consultancy Services' decision to lay off around 12,000 employees, a move that has sent ripples across the IT sector. Tata Consultancy Services (TCS) is likely to initiate a sweeping cost-cutting overhaul, freezing hiring of experienced professionals and suspending annual salary hikes worldwide, according to a report by The Economic Times. The development comes close on the heels of the company's decision to lay off around 12,000 employees, a move that has sent ripples across the IT sector. TCS has also tightened its internal policies for benched employees, staffers not currently assigned to any client project. These employees now have just 35 days to secure a billable assignment or exit the company, and the phased reduction of such staff is already underway in cities like Hyderabad, Pune, Chennai, and Kolkata. ET report said. These changes are part of a broader operational reset prompted by global macroeconomic uncertainty and subdued trade sentiment. An internal communication to employees cited the need to manage costs more aggressively to maintain competitiveness. A senior IT analyst quoted in the report estimated that the layoffs at mid- and senior levels alone could help TCS save $300-400 million annually, equivalent to around Rs 2,400-3,600 crore, providing a 100-150 basis point boost to operating margins. Despite the major shake-up, TCS CEO is reported to have assured that the layoffs will be implemented gradually, minimising immediate disruption. The restructuring has sparked concern across the Indian IT industry, with analysts calling it a warning signal of deeper structural changes. Brokerage firm Jefferies described the development as a 'canary in the coal mine" moment, suggesting that rising AI adoption and cost-focused contracts are prompting IT firms to do more with fewer people. The firm also warned that while the strategy might improve margins, it could lead to execution challenges and higher attrition in the long run. TCS stock performance reflects the pressure. It has fallen nearly 30% over the past year, making it one of the weakest performers in the Nifty IT index. On a year-to-date basis, the stock is down 25%, with nearly 12% lost in just the past month. As India's largest IT services company tightens its belt, the industry is bracing for further changes that may reshape hiring, compensation, and workforce strategy across the sector. TCS lost Rs 28,148.72 crore from its market valuation in two days after the company announced that it will lay off about 12,000 employees of its global workforce this year. Its mcap stands at nearly Rs 11,05,886.54 crore. The IT giant is set to lay off about 2 per cent, or 12,261 employees, of its global workforce this year, with the majority of those impacted belonging to middle and senior grades. As of June 30, 2025, the TCS workforce stood at 6,13,069. It increased its workforce by 5,000 in the recently concluded June quarter. The layoffs are part of the company's broader strategy to become a 'future-ready organisation", focusing on investments in technology, AI deployment, market expansion, and workforce realignment, TCS said in a statement. 'Towards this, a number of reskilling and redeployment initiatives have been underway. As part of this journey, we will also be releasing associates from the organisation whose deployment may not be feasible. This will impact about 2 per cent of our global workforce, primarily in the middle and the senior grades, over the course of the year," it said. tags : Tata Consultancy Services (TCS) tcs view comments Location : New Delhi, India, India First Published: July 30, 2025, 13:06 IST News business TCS Likely To Suspend Salary Hikes, Freeze Hiring Amid Cost-Cutting Drive: Report Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


Time of India
2 hours ago
- Time of India
'Don't wait': Moonlighter Soham Parekh tells techies how to outsmart the system as TCS cuts 12,000 jobs
Soham Parekh , the Mumbai-based software engineer known for holding multiple jobs across US startups, has weighed in on the wave of layoffs announced by Tata Consultancy Services . His message to workers? Take control. Don't wait. 'Don't wait for handouts. Learn fast. Build harder. Your skills are your leverage. Outwork the system. Outlearn the gatekeepers. Outbuild the giants,' Parekh posted on X, responding to claims that TCS would freeze hiring of experienced staff and pause global salary increases. Explore courses from Top Institutes in Please select course: Select a Course Category CXO Project Management Operations Management Finance others Leadership MCA PGDM Data Science Cybersecurity Design Thinking Management Degree Others Artificial Intelligence Public Policy MBA Technology Data Science Digital Marketing Healthcare Data Analytics healthcare Product Management Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Operations Strategy for Business Excellence Organizational Transformation Corporate Communication & Crisis Management Capstone Project Presentation Duration: 11 Months IIM Lucknow Chief Operations Officer Programme Starts on Jun 30, 2024 Get Details Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details — realsohamparekh (@realsohamparekh) by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Treatment That Might Help You Against Knee Pain Knee pain | search ads Find Now Undo Parekh's words have gone viral, sparking debate in an industry already rocked by job cuts and rapid change. Many tech professionals see it as a blunt but timely reminder. Others question the credibility of someone previously accused of deceiving employers. Either way, his comments have struck a nerve. TCS Layoffs: What we know TCS has announced plans to lay off around 12,000 employees over the current financial year. That accounts for roughly 2 percent of its global workforce. The decision is part of a broader effort to transform the company into what it calls a 'future-ready organisation'. Live Events The layoffs will mostly affect mid- and senior-level employees. TCS confirmed that these roles cannot be reshaped to meet future demands. 'Several reskilling and redeployment programs have been in progress. However, some associates will be released as their roles cannot be restructured to match future demands,' the company said in its official statement. TCS also made it clear that rehiring for these positions is unlikely. Affected employees will be offered severance pay, career counselling, and outplacement services. Market reacts to the shake-up Following the announcement, TCS's market valuation took a hit. The company lost ₹28,148.72 crore over two days. On Tuesday, its shares fell by 0.73 percent to ₹3,056.55 on the BSE. The drop was mirrored on the NSE. The news has sent shockwaves through India's IT sector. While some industry watchers see the cuts as harsh, others argue they were bound to happen as artificial intelligence reshapes job roles across the board. What TCS said The company said the move is a response to ongoing margin pressures, a mismatch of existing skills with emerging needs, and growing demand for AI and automation capabilities. TCS, which employs over 6.13 lakh people worldwide, is shifting its focus toward AI-driven solutions, new markets, and a more agile workforce. That means letting go of roles that no longer align with this new direction. The layoffs are among the most significant in the company's history. Who is Soham Parekh Soham Parekh became a household name in the tech world after being accused of working full-time across multiple startups simultaneously. Suhail Doshi, co-founder of Playground AI and former Mixpanel CEO, publicly alleged that Parekh had been 'preying on YC companies'. Parekh admitted the claims. In an earlier interview, he said, 'I'm not proud of what I've done. That's not something I endorse either. But financial circumstances. No one really likes to work 140 hours a week, but I had to do it out of necessity. I was in extremely dire financial circumstances.' While his actions raised ethical concerns, former colleagues called him an outstanding developer. To some, he represents hustle. To others, a cautionary tale. Parekh's message arrives at a tense moment for Indian tech workers. The TCS cuts aren't just numbers. They are a signal. Traditional job security is eroding, and companies are demanding leaner, sharper, more AI-literate teams. For many professionals, especially those at the mid-career stage, the advice to 'outwork the system' might feel hollow. But for younger developers and those on the margins, Parekh's words echo a growing sentiment: rely on your skills, not your employer. What happens next in India's IT sector may well depend on how the workforce answers that challenge.