These speculations on 80,000 plus job cuts in India are 'inaccurate': TCS

On Sunday (September 28), a X platform user citing his college friend working in Tata Consultancy Services (TCS), said that the company was cutting 80,000 jobs in India.

The message came just after TCS officially revealed that it had to let go of 12,000 plus employees in July .

The tweet on the X platform gained traction, and fear gripped several software professionals, not just in TCS, but also in other technology corporate firms.

The tweet said that several employees were given a severance package for 18 months, and some got up to three months of termination pay. And, a few unfortunate employees did not even get any compensation.

However, TCS has formally dismissed the rumours of large-scale sacking of employees in its company in India.

These speculations are incorrect and misleading. As communicated earlier, the impact is limited to 2% of our workforce

TCS spokesperson

With the advent of generative Artificial Intelligence, corporate companies are increasing their deployment in coding and testing, and this automation of the software programming process has resulted in job cuts across the world.

However, experts are urging software professionals to improve their skillsets, particularly related to gen AI tools, to improve their productivity. Also, learn all the latest tech to give themselves an edge over their peers and become a valuable asset to the company.

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