IT industry employees
TCS Clarifies: Only 6,000 Employees Released Despite Exaggerated Layoff Reports in IT Sector Restructuring
Oct 09, 2025 09:51 pm CST
India's largest IT services company TCS has officially confirmed releasing only 1% or approximately 6,000 employees as part of its restructuring initiative, contradicting widely circulated reports of much higher numbers. CHRO Sudeep Kunnumal emphasized the company's commitment to handling the process with empathy while maintaining its vision to become the world's largest AI-led tech services company. Despite the restructuring, TCS continues to hire and has onboarded 18,500 new employees in the last quarter.
