Updated: 12:45pm: TCS said in a statement, “These speculations are incorrect and misleading. As communicated earlier, the impact is limited to 2 percent of our workforce."
As Tata Consultancy Services (TCS) grapples with a broader restructuring amid sluggish demand in the IT sector, whispers from within the company suggest the scale of layoffs could be dramatically larger than officially disclosed. A viral post on X by user Soham Sarkar claimed that up to 80,000 employees have been let go since the start of the year, with severance packages varying wildly, from 18 months' salary for some to zero for others. The post, which has garnered over 4,300 likes and 3,49,000 views, attributes the figure to Sarkar's college friend and former hostel roommate, a long-time TCS employee.
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