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Tag: Indian IT companies

TCS Confirms No Fixed Layoff Targets, Emphasizes Careful Evaluation

TCS clarifies no predetermined layoff numbers despite 20,000 workforce reduction, reveals Rs 1,135 crore severance spending in Q2 FY25.

TCS Eliminates 20,000 Jobs Amid AI Shift and US Policy Changes

TCS cut nearly 20,000 jobs by September 2025 as AI adoption and US immigration policies reshape India's IT sector. Workforce drops below 600,000 for first time since 2022.