TCS axes 12,000 jobs; Ola loses steam in EV race

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TCS to lay off 12,000 employees after tepid Q1

K Krithivasan, CEO, TCS

Tata Consultancy Services, India’s largest software exporter, is laying off over 12,000 employees—about 2% of its 613,069-strong workforce—as macro headwinds and disruptions weigh on business…