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Tata Consultancy Services (TCS) is set to lay off around 12,000 employees, its biggest workforce reduction to date. While the move might seem driven by automation, the company attributes it instead to a widening skills gap. As TCS shifts to newer technologies and agile delivery models, many existing roles especially at the mid and senior levels no longer align with business needs. Bench policies are also being tightened, with extended periods of unassigned time potentially leading to termination. TCS says it will offer support to affected employees, including severance pay, healthcare coverage, and job placement assistance. In this episode, Host Anirban Chowdhury, ET’s Beena Parmar and UnearthInsight CEO Gaurav Vasu unpack how this signals a larger industry shift where digital transformation is reshaping not just what tech companies do, but how they need to do it.
You can follow Anirban Chowdhury on his social media: Twitter and Linkedin
You can follow Beena Parmar on her Linkedin, Twitter profiles and read her Newspaper Articles.
Check out other interesting episodes like:The Curious Case of HUL’s CEO Shuffle, Health Hazards in your Grocery Bag, Trump vs Harvard: India Impact, Brandalore Rising! and much more.
Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.
See omnystudio.com/listener for privacy information.
By The Economic Times4.6
1010 ratings
Tata Consultancy Services (TCS) is set to lay off around 12,000 employees, its biggest workforce reduction to date. While the move might seem driven by automation, the company attributes it instead to a widening skills gap. As TCS shifts to newer technologies and agile delivery models, many existing roles especially at the mid and senior levels no longer align with business needs. Bench policies are also being tightened, with extended periods of unassigned time potentially leading to termination. TCS says it will offer support to affected employees, including severance pay, healthcare coverage, and job placement assistance. In this episode, Host Anirban Chowdhury, ET’s Beena Parmar and UnearthInsight CEO Gaurav Vasu unpack how this signals a larger industry shift where digital transformation is reshaping not just what tech companies do, but how they need to do it.
You can follow Anirban Chowdhury on his social media: Twitter and Linkedin
You can follow Beena Parmar on her Linkedin, Twitter profiles and read her Newspaper Articles.
Check out other interesting episodes like:The Curious Case of HUL’s CEO Shuffle, Health Hazards in your Grocery Bag, Trump vs Harvard: India Impact, Brandalore Rising! and much more.
Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.
See omnystudio.com/listener for privacy information.

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