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The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.
In July, Indian tech stocks suffered significant losses, with the Nifty IT index down 9.4%. Major companies like HCL ...
TCS’ decision is expected to create uncertainty in the Indian IT industry, with industry experts anticipating that other major firms may follow suit ...
If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost ...
TCS has told the labour ministry it will honour all job offers despite delays in onboarding due to global headwinds.
The government will only step in if it is demonstrated that AI upskilling incentives are in order to secure tech jobs, he ...
The Karnataka State IT/ITeS Employees Union (KITU) had taken a strong objection over the mass retrenchment and filed a complaint against TCS with the Additional Labour Commissioner G Manjunath.
Tata Consultancy Services's layoff announcement was a business decision, not one that needs state intervention, said ...
TCS tells the labour ministry it remains committed to onboarding 600 professionals, despite delays. The tech giant clarifies that deferring onboarding is a common industry practice ...
NITES, the IT staff body, has requested TCS for an official time-bound onboarding commitment and compensation for the period of deferment.
The meeting, however, didn’t discuss the mass-layoffs announced by TCS. 'That will be discussed later,' an official confirmed to Moneycontrol.
Bengaluru: Karnataka Labour Minister Santosh Lad on Thursday said that his department had asked Tata Consultancy Services ...