In a bid to shed its “upper-layer” shadow bank status, Tata Sons in the financial year to the end of March pared down its gross debt to zero. It is also spinning off its financial services company, ...

Shares of $130 bln Tata Consultancy Services fell after it announced a plan to cut 2% of its 613,000 staff, double its usual rate. The tepid reaction of investors, however, underscores fears that ...

India’s biggest IT services company, announced the largest-ever layoffs in the country’s IT sector. The company plans to cut ...

TCS shares extended their decline for the fourth consecutive session, slipping 4 per cent after it announced plans to lay off ...

Tata Consultancy Services’ decision to lay off 12,000 mid- and senior-level employees marks one of its largest workforce ...

In total, 12,261 employees, mostly belonging to mid and senior grades, will be affected due to the latest TCS layoffs.

Tata Consultancy Services (TCS) has decided to halt the hiring of experienced personnel and pause annual salary hikes globally, amid industry-wide challenges.

TCS says that it is committed to a compassionate approach, emphasising adherence to its established HR policies for affected employees.

Experts say the fact that TCS — historically seen as one of the most stable employers — has taken this step signals a broader ...

The union government is taking an interest in the TCS layoffs that spooked employees and investors. This and more in today's ...

Tata Consultancy Services (TCS) has announced mass layoffs affecting approximately 12,000 employees, or 2% of its workforce, ...

TCS’ move to opt for job cuts will have a cascading effect on other IT companies, who too have been launching various ...