India's largest IT services company TCS on Thursday said it has "released" one per cent or 6,000 people from workforce as part of a restructuring exercise it had initiated, as CHRO Sudeep Kunnumal sought to dismiss the "extremely exaggerated numbers" that are in circulation and urging those figures be disregarded.

Tata Consultancy Services (TCS) Chief HR Officer Kunnumal further said that the company is "not chasing a number".

Asked about the true scale of layoffs given widespread fears that numbers could be as high as over 50,000-80,000, Kunnumal asserted that "a lot of these numbers are not factual, are extremely exaggerated" and "should be disregarded".

Meanwhile in a statement, IT workers' union Nascent Information Technology Employees Senate (NITES) said TCS has officially reported

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