IT layoffs, Oct. 7 -- Tech and IT companies worldwide are undergoing a significant shift amid the rise of artificial intelligence (AI). These companies have laid off multiple people as they undergo restructuring.

TCS, Accenture, Microsoft, Salesforce and Google are among many other IT and tech companies which have conducted restructuring to increase their efficiency and cut costs.

1. TCS layoffs: India's largest IT company, Tata Consultancy Services (TCS), is cutting jobs of nearly 12,000 employees or around 2% of its global workforce in the 2025-26 fiscal year as the company now aims to focus on restructuring plans amid the push for artificial intelligence (AI).

Apart from the layoffs, Mint reported earlier that TCS's attrition rate f...