Archive · 12 Aug 2025
TCS Layoffs Spark Concern in IT Sector
TCS, a big IT company, laid off around 12,000 people.
Many other IT companies saw more people leaving their jobs than the year before.
TCS has the most employees compared to other IT companies.
Companies made less money per employee than the previous year.
More men than women left their jobs at most IT companies.
TCS announced the sacking of approximately 12,000 employees.
Attrition rates increased 1 to 3 percentage points for most companies in FY25.
TCS had the highest number of employees at 636,833 in FY25.
Y-o-Y revenue per employee declined at most companies between FY24 and FY25.
Attrition rates were slightly higher among male employees in most IT firms.
- Who
- TCS and other IT firms.
- What
- TCS announced layoffs and the IT sector experienced increased attrition rates.
- When
- The layoffs were announced on July 27.
- Where
- Information technology sector.
- Why
- The article does not explicitly state the reasons for the layoffs.
Impact on IT Firms
Job Market Shift
Attrition Rate Comparison
Impact on IT Firms
Higher Attrition Rates for Male Employees
Job Market Shift
Slightly higher attrition rates for female employees
- TCS Employee Count FY25
- 636,833
- TCS Layoffs
- Approximately 12,000
- Infosys Employee Count FY25
- 348,596
- Wipro Employee Count FY25
- 235,415
- Attrition Rate Increase (Most Companies FY25)
- 1 to 3 percentage points
