4 days ago
TCS to Slash 12,000 Jobs Globally Amid Tech Shift, Local Media Reports
Tata Consultancy Services Ltd., Asia's largest IT services firm, will reduce about 2% of its global workforce — as much as 12,000 roles — during the year to March 31, on account of skill gaps and rapid technological changes, Moneycontrol reported, citing the company's Chief Executive Officer.
'This will impact roughly 2% of our global workforce, primarily at middle and senior levels,' K Krithivasan, CEO, of the firm, said in response to emailed queries, according to the report published Sunday. TCS had 613,000 employees as of June 30, filings show.
