New Delhi: India’s leading software services company, Tata Consultancy Services (TCS), has come under the scrutiny of the Ministry of Electronics and Information Technology (MeitY) following its announcement to lay off 12,000 employees. The Centre has confirmed that it is closely monitoring the development, raising concerns over large-scale job cuts in the IT sector amid ongoing government efforts to boost employment through joint recruitment schemes.
The IT Ministry has reportedly initiated discussions with the company to understand the rationale behind the layoffs. Government sources say that while the company has clarified that Artificial Intelligence (AI) is not the driving factor behind the job cuts, the scale of retrenchment has triggered alarm.
Currently, TCS employs over 6.13 lakh professionals globally. Notably, the company had added 5,000 new employees during the April–June quarter of the current fiscal year. Despite this, the decision to let go of 12,000 workers has prompted the government to seek further explanation.
Experts believe the move reflects a shifting landscape in the Indian IT industry, which once played a pivotal role in job creation. The recent trend of companies offering appointment letters but delaying or denying onboarding opportunities has fueled uncertainty among job seekers.
