Tata Consultancy Services (TCS) is offering severance packages of up to two years’ salary to long-serving employees whose skills no longer align with company needs, Moneycontrol has reported.

The development comes as the IT giant reportedly restructures its workforce amid shifting client demand, automation, and a push to become more agile. In July, Moneycontrol said TCS planned to let go of around 2 percent of its workforce, or roughly 12,000 employees, over the next year. Advertisement

According to the report, the restructuring mainly affects employees whose skills have become redundant or who have not upskilled to meet client requirements.

What the packages include:

Employees in this category are said to be entitled to three months’ notice pay, followed by severance ranging from six

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