The CHRO said TCS has hired 18,500 people in the just-ended quarter and all the offers that were made have been honoured. (Image: TCS/Instagram) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Tata Consultancy Services Ltd. (TCS) on Thursday said that it let go of 1% or 6,000 people from its employ workforce due to a "restructuring exercise" it had started, according to chief human resources officer (CHRO) Sudeep Kunnumal. He dismissed claims to the contrary calling them "extremely exaggerated numbers" being circulated and exhorted that they be disregarded.
Kunnumal further stated that TCS is "not chasing a number." When questioned about the actual extent of the layoffs, citing extensive fears over the numbers going in the range between 50,000-80,000, the CHRO claimed tha