IT
Tech industry at an inflection point, workforce rationalisation expected in near term: Nasscom
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With country’s largest IT services firm TCS laying off over 12,000 employees, industry body Nasscom on Monday said some “transitions” and “workforce rationalisation” are expected in near term as organisations shift toward product-aligned delivery models in response to increasing client demands for agility, innovation, and speed.
Tata Consultancy Services (TCS) has said it will lay off more than 12,000 employees, or 2 per cent of its global workforce, this year, as part of a broader strategy to become a “future-ready organisation”. The impact will be…
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