AsianFin -- Tata Consultancy Services, India’s largest IT services firm, said on Sunday it will reduce its workforce by 2% in the 2026 financial year, affecting more than 12,000 employees—mainly in middle and senior management roles.
The move comes as TCS ramps up its use of AI and other emerging technologies while expanding into new markets and navigating an increasingly uncertain demand environment. The company currently employs over 613,000 people.
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