Huge layoffs at the IT giant. 12,000 will lose his job employees

The Indian concern TCS (Dad Consultancy Services) has announced a limitation of employment in its institutions around the world. By the end of 2025, he plans to slow down 12 thousand. employees. The reason is and less demand for his services, as well as falling revenues – Pulshr said.

TCS – an Indian company providing IT services, consulting and business solutions, announced that it is planning to release about 12 thousand. employees. As stated in the announcement, The reason is much smaller than planned orders from new recipients, general economic slowdown in China and searching for savings by existing customerswho try to perform some of the works ordered so far.

According to K Krithivasan, General and Managing Director of TCS, quoted in a press release, The exemptions will primarily cover middle and higher management positions. He also informed that employment reduction would take place by the end of this year.

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At the forefront of the best technological brands

The company employs around 613,000 in its branches around the world. employees. Provides accounting, IT, cloud, data storage services at the Data Center for all global companies from the TATA group. Indian companies running foreign businesses also benefit from its offer.

TCS was classified among the 20 best global technological brands in the technology 100 2025 report from Brand Finance. He was promoted from 25 to 20th place compared to the previous year. At the beginning of this year, Brand Finance recognized him as the second most valuable IT service brand in the world, with a valuation of $ 21.3 billion.

Exemptions in the entire industry

The Indian concern is not the only great player on the IT market, which this year announced large dismissals. These also include American Autodesk, where 1350 people and Intel will be unemployed, which in April announced the reduction of the crew by 20 percent. At the beginning of July, Microsoft announced that it intends to slow down about 9,000. employees.

Also Polish companies from this industry limit their teams. One of them is the Atos Group, where almost 60 people are to be officially unemployed, but according to the crew, this number may increase to up to 200.

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