TCS Layoffs Continuing Beyond 12,000 Job Cuts? Report Says Over 30,000 Employees Fired So Far, Number Could Reach 1 Lakh in 2026
TCSâs layoffs may be far higher than reported, with over 30,000 employees already fired against the officially announced 12,000. A report by journalist Sandhya Ravishankar says mid-career staff are being targeted through a âFluidity List,â with fears that job losses could touch 1 lakh by 2026.
New Delhi, September 18: Indiaâs largest IT services company, Tata Consultancy Services (TCS), is facing turbulence as reports suggest its layoffs are far higher than what was officially acknowledged. While the firm announced in July that 12,000 jobs had been cut, a recent investigation by journalist Sandhya Ravishankar on her Substack account reveals that over 30,000 employees have already been dismissed. Managers are reportedly under pressure to expand the list further, sparking fears that job losses could touch one lakh by 2026.Â
TCS, which employs more than six lakh tech professionals globally and posted revenues of USD 30 billion in FY25, has long been admired for its people-centric âTata cultureâ under Ratan Tata. But since his passing in October 2024, employees allege the companyâs approach has dramatically shifted. TCS Layoffs: âTata Consultancy Services Forced Me To Resign in 15 Minutes, HR Told Me To Switch Off My Phoneâ, Claims Fresher Affected by Job Cuts.
The âFluidity Listâ
According to Ravishankarâs report, many mid-career employees are being targeted through a so-called âFluidity List.â It reportedly includes those earning above INR 18 lakh annually and graded âCâ in consecutive performance cycles. Employees say the list functions as an âexecution listâ with no chance of recovery. Â
Bench and PIP Pressures
The report adds that benched employees are being deliberately kept idle beyond 35 days to justify layoffs. Others are pushed into stringent Performance Improvement Plans (PIPs), often involving multiple AI upskilling modules, with failure used as grounds for termination. Fiverr Layoffs: International Freelancing Major To Cut 30% of Workforce Amid AI Adoption and Business Transformation, Announces CEO Micha Kaufman.
Employees describe tightly monitored exit meetings, often with only three monthsâ severance pay. Some senior staff have received larger packages, while others were dismissed without compensation. Instances of layoffs just before weddings or retirements have fueled anger. Workers question why TCS has not introduced a Voluntary Retirement Scheme, which, they argue, would have allowed many to leave with dignity.
(The above story first appeared on LatestLY on Sep 18, 2025 08:52 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
