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India's Tata Consultancy Services will raise salaries for 80% of its workforce, according to an internal email reviewed by Reuters, weeks after announcing layoffs affecting more than 12,000 employees.
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting ...
TCS plans to cut 12,000 jobs in 2026, affecting 2% of workforce. India's tech giant cites AI adoption and market pressures as reasons for layoffs.
Employees, ranging from trainees with a few months of experience, to assistant consultants who have worked for more than a ...
While FY25 attrition rates remained below pre-Covid levels, most companies experienced a 1 to 3 percentage point increase ...
IT services firm TCS lays off 12,000 employee jobs due to new investment areas, but will increase salaries for its remaining workforce.
Clients of India's Tata Consultancy Services in the retail, travel and automobile sectors are more exposed to fallout from U.S. tariffs and they may resort to cost-cutting if uncertainty persists ...
Marks & Spencer is said to believe that TCS is the source of the ransomware attack it has faced. US-based Clorox has sued ...
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