Employment Disparities

TCS shares dip nearly 2 per cent after mass layoff announcement

TCS, India’s largest IT services firm, said the layoffs, amounting to roughly 2 per cent of its 6.13 lakh-strong workforce as of June 30, 2025, will mainly impact mid- and senior-level roles. Interestingly, the company had added 5,000 employees during the recently concluded June quarter