TCS layoffs: 12,000 employees to lose their jobs; Tata Consultancy Services plans 2% workforce cut over the year – what you should know

Tata Consultancy Services plans to reduce its workforce by approximately 2%, impacting over 12,000 employees due to economic uncertainties and AI-driven technological changes. The company will provide affected staff with severance benefits, outplacement services, and extended insurance coverage.

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