Which Employees Will Be Affected as TCS Plans to Fire 12,000 Staffers?
In a recent shocking move, Tata Consultancy Services (TCS), India’s largest IT services company, has announced plans to lay off approximately 12,000 employees. The decision, made by CEO K Krithivasan, is aimed at building a stronger and more agile company. In this blog post, we will delve into the details of the layoffs and explore which employees will likely be affected.
According to Krithivasan, the layoffs will primarily impact employees at middle and senior levels. In an interview with Moneycontrol, he stated, “At the pyramid’s bottom, if somebody has been on the bench for a long period…they probably will be impacted.” This implies that employees who have been on the bench for an extended period, i.e., not actively engaged in projects or have been on a break, are more likely to be affected.
In addition, Krithivasan emphasized that the layoffs are not geography-specific and will not be targeted towards any particular industry domain. This means that employees across various locations and domains will be impacted, not just those in specific regions or industries.
The reasons behind the layoffs are attributed to the company’s efforts to build a stronger and more agile organization. Krithivasan noted, “We had to take a difficult call to build a stronger TCS.” The layoffs are part of a larger restructuring effort aimed at streamlining the company’s operations, improving efficiency, and increasing competitiveness in a rapidly changing market.
So, who will be affected by the layoffs? Based on Krithivasan’s statements, it is likely that employees in the following categories will be impacted:
- Middle-level employees: As mentioned, middle-level employees are likely to be affected, which includes those in managerial and supervisory roles. These employees may have been with the company for several years and have performed well, but may not have been actively engaged in projects or have been on a break for an extended period.
- Senior-level employees: Senior-level employees, including directors, department heads, and other high-ranking officials, may also be impacted. These employees may have been with the company for many years and have significant experience, but may not be essential to the company’s future plans.
- Employees on the bench: Employees who have been on the bench for an extended period, either due to lack of projects or other reasons, are more likely to be affected. These employees may have been on a break or have been waiting for new projects to be assigned.
- Employees in non-core areas: Employees who work in non-core areas, including those in administrative, support, or other functional roles, may also be impacted. These employees may not be directly involved in the company’s core operations and may not be essential to the company’s future plans.
It is essential to note that the layoffs are not limited to these categories, and employees in other roles may also be impacted. The company has not provided a specific breakdown of the affected employees, and the actual numbers may vary based on various factors.
In conclusion, TCS’s plan to lay off 12,000 employees is a significant development in the IT industry. While the layoffs are not limited to specific categories, middle-level and senior-level employees, as well as those on the bench or in non-core areas, are more likely to be impacted. As the company continues to evolve and adapt to the changing market, it is crucial for employees to be aware of the changes and take necessary steps to protect their careers.
