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TCS MASS RETRENCHMENT
TCS is asking staff to use AI even if it hits revenues: CEO K KrithivasanTata Consultancy Services is not resisting disruption from artificial intelligence, but is encouraging its associates to bring AI-led effic...- US senators pose nine questions to TCS on hiring practices in America, H-1B approachUS senators are scrutinizing IT giants like TCS and Cognizant over their hiring practices, demanding details on American talent replacement...
- Muted IT hiring to focus on skill-driven freshersSoftware services firms are adopting a cautious hiring approach, prioritizing skill-driven freshers with an anticipated growth of 3-5% in t...
- TCS layoffs: IT major to raise pay for 80% of staff while cutting 12,000 jobsThe hike comes after TCS had paused its April salary increment cycle, citing macroeconomic uncertainties and weak demand from major markets...
- State government intervention not needed in TCS layoffs: Priyank KhargeThe government will only step in if it is demonstrated that AI upskilling incentives are in order to secure tech jobs, he said. This comes ...
- Summoned TCS for consultation on layoffs: Karnataka minister Santosh LadThe minister said that the department called TCS officials just to have consultation to know the reason for recent layoffs. Additionally, h...
- Karnataka IT/ITeS Employees Union seeks action against TCS over job cutsTCS last Sunday announced that it would cut 2% of the workforce this fiscal year, affecting more than 12,000 of its mid- and senior-level e...
- TCS layoffs: Techies seek stay on 12,000 job cuts in letter to labour ministerCalling the retrenchment illegal, IT employees' body Nascent Information Technology Employees Senate (NITES) sought directions issued to TC...
- TCS CEO on jobs scandal, $2 billion deal cancellation & more; Byju’s announces key appointmentsOK, Tata. A day after India’s largest tech company Tata Consultancy Services (TCS) kicked off the earnings season with subdued numbers, CEO...
- The AI chatbot that dragged Microsoft to hellThis week, news website Semafor reported that the software giant is in talks to invest $10 billion in OpenAI, the company behind the revolu...
- Futile for IT firms to prevent moonlighting: Rajeev Chandrasekar, Wipro rolls out annual hikes for FY22, TCS wants staff back in officeRide-hailing company Ola has decided to not lay off the 200 engineers the company was earlier planning to let go, according to sources in t...
- Techie gets justice after seven years, TCS to pay the full salaryThiruvamalai Selvan, ex-TCS employee got justice after seven years. He was sacked from his old job in a mass retrenchment done by the TCS. ...
- India Inc hiring on all cylinders even in slumpThe number of Indian cos that added new employees were 30% more than those that reduced manpower. Tips to deal with office politics | Girls...
- Satyamites fear of layoffs as Tech Mahindra takes overAs customers seek to lower IT spend, many Satyam employees fear that Tech Mahindra could look at rightsizing the company.
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