Tata Consultancy Services (TCS), one of India’s largest IT multinational corporations, is once again in the news. (File)

After its questionable pay practices, benching policy, and massive layoffs, Tata Consultancy Services (TCS), one of India’s largest IT multinational corporations, is once again in the news. In its quarterly results, TCS announced that it had incurred costs of Rs 1,135 crore for layoffs and restructuring. The company notified the stock exchange that the consolidated net profit amounted to Rs 12,075 crore after taking the restructuring costs into account. TCS also announced revenue of Rs 65,799 crore for Q2, slightly below analyst expectations, as reported by Jagran.

Why did TCS spend Rs 11350000000 on these layoffs?

In fact, during this fiscal year, TCS planned to dis

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