What’s Happening at TCS?
Tata Consultancy Services (TCS), is planning to eliminate more than 12,000 jobs, or approximately 2% of its workforce, as part of a company-wide restructuring.
“We have been calling out new technologies, particularly AI and operating model changes,” CEO Krithi Krithivasan told Moneycontrol during a recent interview.
“The ways of working are changing…We need to be future-ready and agile.”
According to reports, the workforce reduction is expected to be complete by March 2026.
Impact on Canadian Staff
Samfiru Tumarkin LLP is working to determine if any Canadian employees at TCS are affected by the latest round of job cuts.
According to LinkedIn, the IT services firm has more than 7,700 workers in the country.
Next Steps for TCS Canada Staff
If you’re fired or let go from TCS, understanding your legal rights is crucial.
Non-unionized employees in Canada are entitled to severance pay. This includes individuals working full-time, part-time, or hourly in Ontario, Alberta, and British Columbia (BC).
The amount you’re owed is based on a variety of factors, including your role, tenure, age, and ability to find similar work.
WATCH: Everything Non-Unionized Employees Need to Know About Severance Pay
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- Compensation: Severance packages, which can be as much as 24 months’ pay, may include salary, bonuses, commissions, and other forms of compensation. Use our firm’s free Severance Pay Calculator to better understand your entitlements.
- Deadlines: You...
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