Tata Consultancy Services (TCS) is reportedly planning to reduce its global workforce by 2%, impacting nearly 12,000 employees. Amidst a tech sector slowdown, TCS may also freeze experienced hires and pause salary increases.

India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2% in its 2026 financial year, primarily affecting middle and senior management, the company said on Sunday.

Tata Consultancy Services Ltd., Asia’s largest IT services firm, will reduce about 2% of its global workforce — as much as 12,000 roles — during the year to March 31, on account of skill gaps and rapid technological changes,