Tata Consultancy Services (TCS) has announced mass layoffs affecting approximately 12,000 employees, or 2% of its workforce, marking the largest reductions in the company’s history.
The announcement of mass layoffs at Tata Consultancy Services (TCS) has prompted the Nascent Information Technology Employees Senate (NITES) to reach out to Labour Minister Mansukh Mandaviya. On Sunday, India’s largest IT services firm confirmed plans to lay off around 12,000 employees this year, roughly 2% of its total workforce.
With this move, TCS is set to carry out the largest workforce reduction in its history. Back in 2015, the company had terminated around 3,000 employees, roughly 1% of its staff then. This latest layoff is now being seen as the biggest mass termination the Indian IT industry has ever witnessed.
NITES Wants Halt On Terminations
The union stressed that allowing a corporation as large as TCS to carry out mass layoffs without due process or accountability would set a wrong precedent, potentially leading to job insecurity, weaker employee protections and eroding trust in India’s labour framework.
NITES called on the Ministry to hold TCS’s top leadership accountable, especially in light of the CEO receiving a salary hike amid sweeping job cuts.
Meanwhile, employee unions in the IT sector have condemned the layoffs as unlawful and urged TCS employees facing redundancy not to succumb to pressure to resign. The Karnataka State IT/ITeS Employees Union has called on the tech giant to roll back its downsizing plans and reinstate affected workers.