TCS layoffs, July 27 -- India's largest software services provider Tata Consultancy Services (TCS) will reduce its workforce by 2% or roughly over 12,000 employees in its 2026 financial year.

The company is retraining and redeploying staff in a bid to become more agile and future ready amid rapid disruptions in technology, particularly around Artificial Intelligence (AI).

The company's decision is primarily targeted at the middle and senior management, reported Reuters.

This decision will impact employees from different countries and domains where TCS operates.

TCS has an employee headcount of 6,13,000 for the latest quarter ended June.

TCS assured that this transition is being planned with "due care" to ensure no disruption in deliv...