Get App
Download App Scanner
Scan to Download
Advertisement

TCS Layoffs: Did Tata Consultancy Services Fire 80,000 Employees? Here's The Truth About Rumours

TCS Layoffs: Did Tata Consultancy Services Fire 80,000 Employees? Here's The Truth About Rumours
Earlier in July, TCS announced that it will lay off about 12,000 or 2% of its global workforce this year.  (Image: TCS)
  • TCS announced layoffs of about 12,000 employees, around 2% of its workforce
  • Speculation on social media claimed 80,000 TCS employees were asked to resign
  • TCS denied these claims, calling them incorrect and misleading
Did our AI summary help?
Let us know.

Tata Consultancy Services (TCS) in July had issued a statement that the company was going to lay off 12,000 employees. However, the number is much more than what is being said, if speculations on social media are to be believed.

Soham Sarkar, on X (formerly Twitter), claimed that according to his college friend, who had worked at TCS for 15 years, almost 80,000 employees were asked to resign. The post also claimed that while some employees received severance packages for up to 18 months, others received no severance pay.

The post read, "Met a college friend who works at TCS, and according to him, around 80,000 (yes, 80k; it's not a typo) employees have been let go so far – some with 18 months' salary, some with 3 months, and some with zero severance package. This is a staggering number, and I am sure it will spill over to other IT services firms." [sic]

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search