TCS Announces Major Layoffs Amid AI Shift
India’s largest IT services giant, Tata Consultancy Services (TCS), has announced epl standings layoffs affecting over 12,000 employees—marking the company’s most significant workforce reduction to date. While TCS attributes the reduction—roughly 2 % of its workforce—to mismatches in employee skills, industry analysts interpret this move as a clear indicator of AI-driven transformation within the country’s vast ₹283‑billion outsourcing sector.