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Last week witnessed a significant downturn for most of the top 10 highest-valued firms, with a collective market value ...
This was my first time covering layoffs of this scale. This hectic week has given me the chance to be the eyes and ears of ...
Mumbai: In the last week, the total market value of seven out of the top ten most valuable companies in India dropped by Rs 1 ...
Seven of the ten most valued Indian firms, including TCS, saw a combined market capitalisation erosion of ₹1.35 lakh crore last week.
Reliance Industries remained the most valued firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, HUL, ...
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2% in its 2026 financial year, ...
Tata Consultancy Services (TCS) is reportedly planning to reduce its global workforce by 2%, impacting nearly 12,000 ...
TCS skipped a key Labour Ministry meeting on onboarding delays and layoffs, prompting NITES to demand accountability. The union submitted evidence and sought a clear timeline, compensation, and ...
IT services sector faces challenges due to lack of investments, shareholder value obsession, diminishing ability to take risks, and declining margins.
The meeting, however, didn’t discuss the mass-layoffs announced by TCS. 'That will be discussed later,' an official confirmed to Moneycontrol.
The Union IT ministry is also closely monitoring the situation arising from TCS’s decision to lay off over 12,000 employees.