TCS share price today: Tata Consultancy Services stock drops almost 2%; IT giant announces 12,000 layoffs
TCS reported a global workforce of 613,069 employees at the close of June 2025.
TCS share price today: Tata Consultancy Services (TCS) shares dropped by 1.7% to reach Rs 3,081.20 during intraday trading on BSE on Monday, after India’s largest IT services firm announced that it will be laying off over 12,000 employees this year.At 9:55 AM, shares of TCS were trading at Rs 3,092.60, down Rs 43.20 or 1.38%.TCS reported a global workforce of 613,069 employees at the close of June 2025. The IT giant issued a statement indicating that the staff reductions would mainly affect middle and senior level positions, as part of their strategy to adapt to future business requirements.It said that current market conditions have made it unfeasible to…
