What’s behind the current wave of layoffs?

TCS revenue dips for third straight quarter

Why is TCS targeting senior talent now?

Will AI-led layoffs ripple across IT firms?

 Did TCS layoffs catch the industry off guard?

Will TCS-style layoffs hit other IT giants?

What’s fueling silent layoffs in tech firms?

 Is the inflated wage bill forcing layoffs?

What should India Inc brace for next?

 Conclusion

Credits

Tata Consultancy Services (TCS) is set to lay off around 12,000 employees, its biggest workforce reduction to date. While the move might seem driven by automation, the company attributes it instead to a widening skills gap. As TCS shifts to newer technologies and agile delivery models, many existing roles especially at the mid and senior levels no longer align with business needs. Bench policies are also being tightened, with extended periods of unassigned time potentially leading to termination. TCS says it will offer support to affected employees, including severance pay, healthcare coverage, and job placement assistance. In this episode, Host Anirban Chowdhury, ET’s Beena Parmar and UnearthInsight CEO Gaurav Vasu unpack how this signals a larger industry shift where digital transformation is reshaping not just what tech companies do, but how they need to do it.

You can follow Anirban Chowdhury on his social media: Twitter and Linkedin

 You can follow  Beena Parmar on her Linkedin, Twitter  profiles and read her Newspaper Articles.

Check out other interesting episodes like:The Curious Case of HUL’s CEO Shuffle, Health Hazards in your Grocery Bag, Trump vs Harvard: India Impact, Brandalore Rising! and much more.

Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.

Tata Consultancy Services (TCS) is set to lay off around 12,000 employees, its biggest workforce reduction to date. While the move might seem driven by automation, the company attributes it instead to a widening skills gap. As TCS shifts to newer technologies and agile delivery models, many existing roles especially at the mid and senior levels no longer align with business needs. Bench policies are also being tightened, with extended periods of unassigned time potentially leading to termination. TCS says it will offer support to affected employees, including severance pay, healthcare coverage, and job placement assistance. In this episode, Host Anirban Chowdhury, ET&rsquo;s Beena Parmar and UnearthInsight CEO Gaurav Vasu unpack how this signals a larger industry shift where digital transformation is reshaping not just what tech companies do, but how they need to do it. You can follow Anirban Chowdhury on his social media: <a href="https://twitter.com/AnirbanET">Twitter</a> and <a href="https://www.linkedin.com/in/anirban-chowdhury-b5067219/">Linkedin</a>
&nbsp;You can follow&nbsp; Beena Parmar on her <a href="https://www.linkedin.com/in/beena-parmar/">Linkedin</a>, <a href="https://x.com/BeenaParmarET">Twitter</a>&nbsp; profiles and read her <a href="https://economictimes.indiatimes.com/etreporter/author-beena-parmar-479262712.cms?from=mdr">Newspaper Articles</a>.
Check out other interesting episodes like:<a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000717259133">The Curious Case of HUL&rsquo;s CEO Shuffle</a>, <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000712174615">Health Hazards in your Grocery Bag</a>, <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000710947447">Trump vs Harvard: India Impact</a>, <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777?i=1000717821985">Brandalore Rising!</a> and <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777">much more</a>.
Catch the latest episode of &lsquo;The Morning Brief&rsquo; on <a href="https://www.etplay.com/etplay">ET Play</a>, <a href="https://economictimes.indiatimes.com/podcast?from=mdr">The Economic Times Online</a>,<a href="https://open.spotify.com/show/6PL5kfPbwURBEu6fHCVTOL?si=26ec0fbfa7134fea"> Spotify</a>, <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777">Apple Podcasts</a>, <a href="https://www.jiosaavn.com/shows/the-morning-brief/1/GNPiFQD2xpY_">JioSaavn</a>, <a href="https://music.amazon.in/podcasts/f378141f-9afb-495d-83da-9b08ec5047ac/the-morning-brief">Amazon Music</a> and <a href="https://www.youtube.com/@theetpodcasts">Youtube</a>.

To make sense of the week’s hottest stories in business, economy, politics and markets, journalists from the Economic Times chat with reporters and industry leaders in this thrice-weekly (Tuesday, Thursday, Friday) podcast.

The Morning Brief

Future Ready or Ruthless: Explaining TCS' Mass Layoffs

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