New Delhi, Jul 28 (PTI) Shares of Tata Consultancy Companies (TCS) declined almost 2 per cent on Monday after the corporate introduced that it’ll lay off about 12,000 workers of its world workforce this 12 months.
The inventory dipped 1.69 per cent to ₹3,081.20 on the BSE.
On the NSE, it went decrease by 1.7 per cent to ₹3,081.60.
India’s largest IT companies agency TCS is ready to put off about 2 per cent, or 12,261 workers, of its world workforce this 12 months, with nearly all of these impacted belonging to center and senior grades.
As of June 30, 2025, TCS’s workforce stood at 6,13,069. It elevated its workforce by 5,000 within the not too long ago concluded June quarter.
The transfer is a part of the corporate’s broader technique to change into a “future-ready organisation”, specializing in investments in know-how, AI deployment, market growth, and workforce realignment, TCS stated in a press release.
“In the direction of this, numerous reskilling and redeployment initiatives have been underway. As a part of this journey, we may also be releasing associates from the organisation whose deployment might not be possible. This can impression about 2 per cent of our world workforce, primarily within the center and the senior grades, over the course of the 12 months,” it stated.
TCS will present applicable advantages, outplacement, counselling, and assist to the impacted workers, it added
The transfer comes at a time when India’s high IT companies corporations have delivered single-digit income development in Q1FY26, capping off a somewhat-sobering June quarter as macroeconomic instability and geopolitical tensions weighed on world tech demand and delayed consumer decision-making.