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In response to the allegations, TCS issued a statement denying any large-scale retrenchment. The company clarified that the reduction in headcount is limited to about 2% of its global workforce, ...
At 80% for the April-June quarter, Infosys’ average performance bonus payout is higher than 65% in the previous quarter.
TCS has stated that speculation over its layoffs are misleading after the Union of IT And ITES Employees protested against ...
Tata Consultancy Services is cutting jobs at 550 Water St., the headquarters of CSX. Tata Consultancy Services Ltd. notified ...
The union, supported by the Centre of Indian Trade Unions (CITU), demanded government intervention and warned that the actual scale of TCS layoffs could be larger than disclosed. They claimed that TCS ...
The facility will be staffed with AI specialists and software engineers with expertise in emerging enterprise technologies.
The announcement by India’s largest IT company, Tata Consultancy Services (TCS), to lay off 12,000 employees has sparked massive outrage and concern across the ...
Despite the negative reports of layoffs from many major IT firms, one Indian IT giant, led by Narayana Murthy has released its bonus letter for employees as per their performances.
Industry observers say these moves point to a deeper structural reset in the Indian IT sector, rather than being solely an AI ...
Infosys has rolled out an average 80 per cent performance bonus for Q1, linked to employee ratings across PL4-PL6 levels, ...