IT services
TCS Clarifies Marks & Spencer Contract Situation: Addressing Misconceptions About $1 Billion Deal and Cyberattack Claims
Oct 27, 2025 02:36 pm CST
Tata Consultancy Services (TCS) has officially denied UK media reports claiming that Marks & Spencer ended their $1 billion contract due to cyberattack failures. TCS clarified that the service desk contract decision was made prior to any cyber incident through a routine competitive process, emphasizing that the contract in question represents only a small part of their ongoing strategic partnership with the British retailer.
TCS Implements Record Job Cuts as AI Transformation and US Relations Reshape India's IT Sector
Oct 21, 2025 11:45 am CST
Tata Consultancy Services has executed its largest-ever workforce reduction of 19,755 employees amid AI adoption and US-India tensions. The tech giant aims to cut 2% of staff by March 2025 due to skill mismatches while adapting its business model to navigate changing immigration policies and technological shifts in the $280 billion Indian IT services industry.
TCS Launches AI Experience Zone in London and Plans to Create 5,000 New UK Jobs in Next Three Years
Oct 10, 2025 04:56 pm CST
Tata Consultancy Services announces the launch of a new Artificial Intelligence experience zone and design studio in London while planning to create 5,000 new jobs in the UK over the next three years. As a major contributor to the UK economy with a €3.3 billion impact in FY2024, TCS continues to strengthen its presence in its second-largest global market through strategic investments in innovation and talent development.