TCS layoffs: Tata Consultancy Providers, India's largest IT providers exporter, has launched round 1% of its workforce, its Chief HR Officer Sudeep Kunnumal mentioned on Thursday. Kunnumal mentioned that round 6,000 individuals have been laid off, dismissing experiences of upper numbers as ‘extraordinarily exaggerated'. Kunnumal clarified that the organisation is “not chasing a quantity”.When questioned about potential layoffs rumoured to be between 50,000-80,000, Kunnumal firmly said that “a whole lot of these numbers aren't factual, are extraordinarily exaggerated” and “needs to be disregarded”.In the meantime, IT employees' union NITES issued an announcement highlighting that TCS reported a workforce of 593,314 workers in Q2 FY26, down from 613,069 workers in Q1 FY26.“This represents a web discount of 19,755 workers in only one quarter,” the assertion famous based on a PTI report.On Thursday, Kunnumal defined, “As we communicate immediately, we're shut to at least one per cent of individuals, that we've got launched in mid and senior stage, whom we couldn't redeploy in the precise position.”When requested to substantiate if one per cent equated to roughly 6,000 people, Kunnumal responded, “sure, proper on the mid and senior stage section”.
TCS Layoffs & Severance Packages
TCS, which is Tata Group's most worthwhile entity, had in July introduced a workforce discount of 12,261 positions, constituting about 2% of its employees, amid synthetic intelligence disruptions and unsure market circumstances affecting enterprise demand.Earlier this week, a TOI report mentioned that TCS has applied a structured severance programme for the roughly 12,000 employees members, primarily impacting mid and senior management positions. The severance packages apply to numerous worker classes, together with these unassigned to tasks, people missing up to date expertise, and long-term workers with greater than 15 years of service.Workers whose competencies turned out of date or who failed to accumulate new expertise acquired three months' discover interval compensation and extra severance starting from six months to at least one 12 months's wage. The compensation quantity was decided based mostly on size of service, with six months' wage as the bottom providing, the report mentioned.The organisation has constantly adjusted its workforce construction to deal with evolving enterprise necessities. In the course of the 2014-15 monetary 12 months, the corporate lowered its workforce by over 3,000 positions, representing roughly 1% of its complete employees.The layoffs predominantly have an effect on senior and middle-management positions. It represents a major organisational change: the combination of AI applied sciences while releasing employees unsuitable for redeployment inside the firm.