Tata Consultancy Services (TCS) HR head Sudeep Kunnumal recently responded to speculation surrounding possible layoffs at the IT major. During the company’s Q2 earnings call earlier this month, Kunnumal clarified that TCS is not “chasing a target” for job cuts and emphasised that the company will “evaluate everyone” instead.

Meanwhile the earnings call, analyst Surendra Goyal from Citi asked:

“The second question is with the release of 1 % workforce , the headcount declined by 20,000 or 3 %. And what you announced earlier was 2%. So, should we expect a similar headcount reduction in the next quarter as well?

Kunnumal replied, “So almost-see, the 20,000 head count is a factor of voluntary and involuntary attrition. So you should see that. But as we announced, against the 2 percentage,

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