TCS Layoffs Shake IT Sector, 12,000 Jobs at Risk; Shares Slide Sharply
Mumbai, July 28 – India’s largest IT services company, Tata Consultancy Services (TCS), has announced plans to cut 12,261 positions in the financial year 2025-26 (FY26), triggering panic in the IT sector and causing a sharp fall in its share price. The layoffs will primarily affect employees in middle and senior management roles. As of … Read more