TCS Layoffs Highlight India’s Deepening Employment and Skills Crisis Amid AI Disruption

Banking News - A fresh wave of job insecurity is sweeping through India as Tata Consultancy Services (TCS), the country’s largest IT services exporter and private-sector employer, has announced plans to lay off approximately 2% of its workforce over 12,000 employees over the course of this year. This move comes amid ongoing macroeconomic uncertainties and…