TCS layoffs

Tata Consultancy Services Ltd’s decision to cut roughly 12,200 jobs this fiscal year, largely impacting mid- and senior-level staff, is sending shockwaves through India’s IT sector. As the nation’s largest IT services firm undertakes its biggest-ever lay-off in the company’s history, driven by a shift to “future-ready” skills and aggressive AI adoption — job loss insurance, once a niche product, is suddenly back in sharp focus.