Tech giant Tata Consultancy Services (TCS) is reportedly offering severance packages with up to two years worth of salary to its longtime employees. This comes as India's largest Information Technology (IT) services firm undertakes a massive workforce realignment, letting go of employees whose skills are no longer aligned with the emerging needs. In July, TCS had announced it would trim 2 percent of its global workforce or roughly 12,000 workers over the next year.

What is in TCS' severance pay package?

According to a report by Moneycontrol, affected employees are entitled to three months' notice period pay, along with severance pay ranging from six months to two years' worth of salary, depending on the number of years of service. Employees who have remained unallocated -- or on the benc

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