TCS Layoffs Job Cut: fires 500 UK jobs: Finance Trading Times

TCS Layoffs Job Cut: fires 500 UK jobs

The news is from TCS or Tata Consultancy Services, which is reported to be going for layoffs. We had reported last month about the possible TCS Layoff Job CutThe news is not good for the employees of the TCS as the organization is going for job cuts in UK. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. TCS Logo
How many employees may be fired in the TCS layoffs?
As per the reports, there are going to be 500 job cuts by TCS. This will bring down the headcount of TCS employees in UK to 4500.

What is the total no. of employees of TCS UK?
The total no. of employees of TCS is 130,00 as of now globally. It is learnt that after the UK layoff, the employee strenght at UK for TCS will be 4500.

What will be the cost and savings by TCS layoffs?
No info about that.

When will the TCS layoffs happen?
The process is already underway, with many employees asked to go back to India.

Which locations and department of employees will be affected by the TCS layoffs ?
As per IndiaTimes, The company has pulled back sales and admin staff from delivery centers and customer offices in the UK to fill other posts in India.

What is the primary reasons for TCS layoffs?
It's all about the worsening market situation, economy and no clear site of future revival.

Any other news about TCS layoffs
As per IndiaTimes, TCS has around 5,000 people working at some 50 locations in the UK, with a further 750 plus staff at its site in Peterborough.
Let's hope that alternative jobs are available to the affected employees of TCS Layoffs Job Cut
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