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Indian IT companies upskill employees, but struggle with redeployment due to skills gap, especially for mid-level talent.
In total, 12,261 employees, mostly belonging to mid and senior grades, will be affected due to the latest TCS layoffs.
Soham Parekh, the Indian techie who previously made headlines for allegedly working at multiple startups simultaneously, weighed in on the TCS layoffs and offered advice to tech professionals.
Nasscom has called for industry-wide collaboration to bridge the skilling gap as TCS, India's largest software exporter, plans to cut 2% of its global workforce in FY26.
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India's largest IT services firm is set to lay off about 2%, or 12,261 employees, of its global workforce this year.
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The recent layoffs by Tata Consultancy Services (TCS) of about 2% of its workforce, or around 12,000 employees, as part of cost-cutting measures could negatively impact the company in the long run, ...
Tata Consultancy Services (TCS) has faced a valuation loss of Rs 28,148.72 crore over two days following an announcement to ...
Tata Consultancy Services (TCS) has lost Rs 28,148.72 crore from its market valuation in two days after the company announced that it will lay off about 12,000 employees of its global workforce this ...
After TCS announced a 2% workforce reduction affecting over 12,000 employees, Soham Parekh shared advice for tech workers.
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