TCS workforce count dips by 20,000 in 2nd quarter
Official says company is halfway through its estimated reduction
Unlock Exclusive Insights with The Tribune Premium
Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits
Advertisement
Tata Consultancy Services (TCS) headcount fell by nearly 20,000 employees in a quarter, a number 66 per cent more than the planned layoffs the company had announced, as it realigns workforce amid changed business dynamics.
According to Q2 FY26 data on its website, the company's headcount has dropped to 5,93,314 on September 30 compared to 6,13,069 on June 30, down by 19,755 people. "'... the 20,000 headcount (reduction) is a factor of voluntary and involuntary attrition,” its newly appointed chief of human resources Sudeep Kunnumal said in a late evening investor call.
Advertisement
He hinted that the involuntary component in this was 6,000 employees who had been “released” and added that the company was halfway through its estimated reduction. In July, TCS said it planned to lay off about 2 per cent, or over 12,000 employees this year.
Advertisement
Advertisement