TCS layoffs: IT Ministry keeping close watch on situation

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The IT Ministry is keeping a close watch on the developments after Tata Consultancy Services‘ (TCS) decision to lay off over 12,000 employees, according to sources.

Employment growth remains a key priority, with sharp focus on how initiatives like Employment Linked Incentive can help boost job creation, they asserted. At the same time, the emphasis is on skilling and reskilling, they added.

The IT Ministry is keeping a close watch on the entire situation, and is in touch with the tech company, sources said.

The ministry is concerned and will go into why…



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TCS layoffs: IT Ministry keeping close watch on situation



The IT Ministry is keeping a close watch on the developments after Tata Consultancy Services‘ (TCS) decision to lay off over 12,000 employees, according to sources.

Employment growth remains a key priority, with sharp focus on how initiatives like Employment Linked Incentive can help boost job creation, they asserted. At the same time, the emphasis is on skilling and reskilling, they added.

The IT Ministry is keeping a close watch on the entire situation, and is in touch with the tech company, sources said.

The ministry is concerned and will go into why…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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