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The advancement of Artificial Intelligence (AI) in the last couple of months has shaped the way we work and the workplace in drastic ways. And one of the largest IT services company in India, Tata Consultancy Services (TCS) seems to be a proof of this. In August, TCS confirmed in a public statement that it…
TCS layoff rumours: 6 coping tricks that actually work to survive amid massive job cuts A claim that Tata Consultancy Services (TCS) fired 80,000 employees recently caused a wave of panic online. Social media posts spread the number fast, leaving employees anxious and uncertain. TCS quickly clarified that the actual layoffs were around 12,000, or…
The combined market valuation of India’s top-10 most valued companies shrank by Rs 2,99,661.36 crore last week, mirroring a bearish trend in equities, with IT bellwether Tata Consultancy Services (TCS) bearing the brunt.The BSE benchmark tanked 2,199.77 points or 2.66 per cent during the week, as investor sentiment was rattled by a series of domestic…
BENGALURU: TCS will honour all offers made to about 650 lateral hires whose onboarding was delayed for nearly three months. TOI has reviewed emails sent to candidates, asking them to make themselves available for the pre-joining onboarding process. The company has begun issuing onboarding mails, with some candidates receiving joining dates in Oct. Onboarding would…
H-1B visa fee hike impact on Indian IT stocks today: Indian equity markets opened the week on a cautious note as investors digested the shock announcement from Washington, a steep hike in the cost of H-1B visas. This comes after the Trump administration raised the one-time fee for new H-1B petitions to an unprecedented $100,000…
Indian IT giants are preparing for a wave of contract renewals worth about $13 billion to December end, offering companies like Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro a chance to secure a share of the info tech market.The surge comes as clients push for cost savings and AI-driven efficiency, according to data from…
