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BTCC / BTCC Square / Global Cryptocurrency /
TCS Announces Workforce Reduction Amid AI Push and Market Challenges

TCS Announces Workforce Reduction Amid AI Push and Market Challenges

Author:
Global Cryptocurrency
Published:
2025-07-27 17:24:02
18
1
BTCCSquare news:

India's Tata Consultancy Services (TCS) plans to cut 12,200 jobs—approximately 2% of its 613,000-strong workforce—by fiscal year 2026. The reductions come as the tech giant prioritizes AI adoption and operational agility. CEO K. Krithivasan emphasized the need to align with future skill demands while minimizing client disruptions.

The company added 6,071 employees in Q1 FY26 but faces rising attrition (13.8%) and sector-wide headwinds. India's IT industry grapples with soft demand, inflationary pressures, and U.S. trade policy uncertainties—factors delaying client decision-making across key markets.

|Square

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