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TCS to Lay Off 12,000 Amid AI Skills Crisis

7/29/2025

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Story summary
  • Tata Consultancy Services (TCS), India's leading IT giant, is set to lay off over 12,000 employees, marking a 2% workforce reduction. This move underscores a significant transition towards AI and automation, raising concerns about a looming skills gap. With a demand for one million AI professionals by 2026, only 20% of current IT workers are equipped for this new landscape.