TCS in Turmoil: From Layoffs to Hiring Freeze, What’s Happening?

Tata Consultancy Services is navigating a period of uncertainty. The company’s decision to lay off 12,000 employees initially raised eyebrows, and now, a hiring freeze and suspension of salary increments for senior staff have intensified the concerns. The situation has prompted queries regarding the stability of the IT giant. Some reports suggest employees in cities like Pune, Hyderabad, Kolkata, and Chennai are under pressure to find new projects within a tight timeframe or face job loss. The Labour Ministry has also received complaints from NITES, an IT employee welfare association, concerning the layoffs.