TCS Laying Off 12,000 Employees: What Does It Mean?

The largest IT export company in India, TCS, which is the short form for the legendary Tata consultancy services is set to do something beyond expectations in terms of layoffs. The company is reportedly laying of several thousands of people in order to comply with its global order and demand.

Tata Consultancy Services (TCS), one of India’s biggest IT companies, is planning to lay off around 12,000 employees. This decision is part of the company’s cost-cutting strategy. By reducing its workforce, TCS is expected to save ₹700 to ₹800 crore every year.

These savings are likely to boost the company’s Profit After Tax (PAT) by about 2%. In the competitive IT industry, companies are under constant pressure to maintain profits and stay ahead. Cutting jobs is seen as a quick way to reduce expenses and improve financial performance.

However, this move has a big impact on employees and their families. Losing a job can be a major setback, especially for those who have worked in the company for many years. While TCS gains financially, thousands of workers are left uncertain about their future.

This situation shows a hard truth in the corporate world, where one person’s loss becomes another’s gain. TCS may show stronger numbers in the coming quarters, but the human cost behind those numbers cannot be ignored. The company has not yet shared details about which departments or regions will be most affected by the layoffs.