
Tata Consultancy Services (TCS) reported a workforce reduction of 11,151 employees in Q3 FY26, lowering its total headcount to 582,163. This decline reflects a mix of planned layoffs linked to ongoing restructuring and voluntary attrition, which stood at 13.5%. TCS management confirmed that layoffs will continue as part of efforts to optimize talent amid AI-driven industry changes, while hiring persists selectively. The company’s net profit fell nearly 14% year-on-year to Rs 10,657 crore, impacted by restructuring costs and new labor code implementation.
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