IT
Released 1% or 6,000 people: TCS CHRO on layoffs; says numbers circulating very exaggerated
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India’s largest IT services company TCS on Thursday said it has “released” 1% or 6,000 people from workforce as part of a restructuring exercise it had initiated, as CHRO Sudeep Kunnumal sought to dismiss the “extremely exaggerated numbers” that are in circulation and urging those figures be disregarded.
Tata Consultancy Services (TCS) Chief HR Officer Kunnumal further said that the company is “not chasing a number”.
Asked about the true scale of layoffs given widespread fears that numbers could be as high as over 50,000-80,000, Kunnumal asserted that…
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