It sector layoffs india Archives - https://fastnewsglobe.com/tag/it-sector-layoffs-india/ Tue, 30 Sep 2025 12:12:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/fastnewsglobe.com/wp-content/uploads/2025/03/fastnewsglobe.png?fit=32%2C32&ssl=1 It sector layoffs india Archives - https://fastnewsglobe.com/tag/it-sector-layoffs-india/ 32 32 242798455 4.65% in 5 days and 29.58% fell in 9 months, loss of 4.35 lakh crores, why Lanka is looking for TCS? https://fastnewsglobe.com/4-65-in-5-days-and-29-58-fell-in-9-months-loss-of-4-35-lakh-crores-why-lanka-is-looking-for-tcs/ https://fastnewsglobe.com/4-65-in-5-days-and-29-58-fell-in-9-months-loss-of-4-35-lakh-crores-why-lanka-is-looking-for-tcs/#respond Tue, 30 Sep 2025 12:12:21 +0000 https://fastnewsglobe.com/4-65-in-5-days-and-29-58-fell-in-9-months-loss-of-4-35-lakh-crores-why-lanka-is-looking-for-tcs/ Tcs share falls: The country’s leading IT company Tata Consultancy Services (TCS) has been under...

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Tcs share falls: The country’s leading IT company Tata Consultancy Services (TCS) has been under heavy pressure for the last few days. The company’s stock reached a 52 -week low of Rs 2,892 on 26 September. In the last 5 days, TCS shares have fallen by 4.65%, while it has broken up to 6.72% in a month.

Why are TCS shares breaking?

In the last one year, about one-third of the value of TCS shares has disappeared. The biggest reason for this is-a large number of sorted by the company and the fear of the employees due to this.

On Monday, the company’s market cap decreased to Rs 10.47 lakh crore. In just one year, investors have suffered a loss of about 4.34 lakh crore rupees. From January to December, the company’s shares have declined by 29.58% and 33% on an annual basis.

The reason for fear among investors

About two months ago, TCS CEO K.K. Kirtiivasan had said that the company is going to reduce about 2% of its total workforce. However, employees and organizations say that the actual figure is much more than this. It is believed that the number of employees extracted from the company can be more than 30,000.

In addition, global demand reduction, increase in H1B visa fees in the US, and the use of rapidly growing AI (Artificial Intelligence) have negatively affected both the company’s business and the perception of investors.

It is worth noting that TCS was once counted among the selected companies, whose shares in whose shares used to get double returns in just 6 months. But the current situation has increased the concern of investors.

Advice for investors

  1. Do not panic and sell – even though there is loss in the short term, companies like TCS are known to give stable returns in the long term.

  2. Keep diversification in the portfolio – not only depend on the IT sector, but also invest in sectors like banking, pharma, FMCG and Auto.

  3. Adopt Long Term View – Due to AI and digital transformation in the IT sector, new growth will remain in the next few years.

  4. Take expert advice – It would be better to consult a financial advisor before taking a big decision.

Also read: Gold on new record again, biggest jump in September during the last 14 years, know what is the reason

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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According to reports, the company is planning to expel about 2 percent of the employees, ie more than 12,000 people from its global workforce. This is believed to be the biggest pruning ever.

According to reports, the company is planning to expel about 2 percent of the employees, ie more than 12,000 people from its global workforce. This is believed to be the biggest pruning ever.

Many major reasons have come out behind this decision of TCS. International recession, cuts in expenses from clients and rapidly changing technology are the main reason for this. However, it has not been directly connected to AI (Artificial Intelligence).

Many major reasons have come out behind this decision of TCS. International recession, cuts in expenses from clients and rapidly changing technology are the main reason for this. However, it has not been directly connected to AI (Artificial Intelligence).

CEO of TCS himself. Kritivasan said that this retrenchment is happening because some employees now do not have the necessary skills according to the new needs of the company.

CEO of TCS himself. Kritivasan said that this retrenchment is happening because some employees now do not have the necessary skills according to the new needs of the company.

Most of this retrenchment is going to fall on mid-level and senior level employees. Apart from this, employees who have not been on any project for a long time i.e. 'bench' are also in danger.

Most of this retrenchment is going to fall on mid-level and senior level employees. Apart from this, employees who have not been on any project for a long time i.e. ‘bench’ are also in danger.

The company is now preparing its team to work in a new way. Tcs now

The company is now preparing its team to work in a new way. TCS is now moving towards becoming a “Future-Reddy” company. The company is emphasizing on AI, Cloud and Digital Technology.

Under this, the company has so far taught basic AI training to about 5.5 lakh employees and advance AI skills to more than one lakh people. But many senior employees could not mold themselves with this change, so they can be shown the way out.

Under this, the company has so far taught basic AI training to about 5.5 lakh employees and advance AI skills to more than one lakh people. But many senior employees could not mold themselves with this change, so they can be shown the way out.

Published at: 28 Jul 2025 03:14 PM (IST)

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