TCS share price today: Tata Consultancy Services stock drops almost 2%; IT giant announces 12,000 layoffs

Jul 28, 2025 - 12:00
TCS share price today: Tata Consultancy Services stock drops almost 2%; IT giant announces 12,000 layoffs

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TCS shares declined by 1.7% following the announcement of over 12,000 layoffs, primarily affecting middle and senior-level positions. This restructuring is part of TCS's strategy to adapt to evolving business needs amid a slowdown in IT sector growth and declining recruitment.

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