Workforce Restructuring Puts Pressure on TCS Shares, Say Analysts
TCS Announces Major Layoffs, Markets React Instantly Tata Consultancy Services (TCS) has announced a significant workforce restructuring plan, which involves cutting 2% of its workforce, affecting nearly 12,000 employees. This move has raised red flags among analysts and investors alike, leading to visible pressure on TCS shares. According to reports by Moneycontrol, the decision stems…