India's largest IT services firm, Tata Consultancy Services (TCS), is set to shrink its workforce by about 2 per cent, a move that will affect over 12,000 employees, mostly at the middle and senior levels, over the next year. Chief Executive K Krithivasan revealed the plans in an interview with Moneycontrol, framing the decision as part of a broader strategy to make TCS "more agile and future-ready" in the face of rapid technological shifts.
https://www.msn.com/en-in/money/topstories/tcs-to-lay-off-12-000-employees-due-to-ai-shift-mid-and-senior-level-staff-massively-impacted/ar-AA1Jnqrf?ocid=finance-verthp-feeds