Tata Consultancy Services (TCS), India's largest IT services provider, has downsized its workforce by more than 19,700 employees on a net basis in the second quarter (July to September) of FY 2025-26.

TCS released its consolidated financial results on Thursday, 9 October for the quarter ending on 30 September. According to the report, the closing headcount for Q2 stood at 5,93,314; whereas the closing headcount for June stood at 6,13,069. The difference would imply that the workforce shrunk by 19,755 people, even as the IT firm reported a net profit of Rs 12,904 crore in the second quarter.

In July, TCS had announced axing their global workforce by 2 percent or over 12,000 employees primarily at middle and senior levels. TCS CEO K Krithivasan had then told Moneycontrol that the IT gi

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