State government intervention not needed in TCS layoffs: Priyank Kharge

August 2, 2025

, By The Economic Times

state-government-intervention-not-needed-in-tcs-layoffs-priyank-kharge.jpg

Share via:

The massive layoffs announced by IT major rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” target=”_blank”>TCS were a business decision, and do not need intervention from the Karnataka government, state IT minister Priyank Kharge told Mint on Friday.

TCS overestimated their business and had a heavy bench strength, thus leading to a course correction. A very little part of it had to do with artificial intelligence (AI). Now, be it AI or any other disruptive technology, the industry needs to ensure that human resources remain on top of necessary skills. As the state government, we need to work with industries to…

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.

Previous News

Japan: Apple must allow 3rd-party app stores, payment systems

Next News

A backlog at the Commerce Department is reportedly stalling Nvidia’s H20 chip licenses

The Economic Times

Popular

More Like this

State government intervention not needed in TCS layoffs: Priyank Kharge

August 2, 2025

, Published By The Economic Times

state-government-intervention-not-needed-in-tcs-layoffs-priyank-kharge.jpg

The massive layoffs announced by IT major rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” target=”_blank”>TCS were a business decision, and do not need intervention from the Karnataka government, state IT minister Priyank Kharge told Mint on Friday.

TCS overestimated their business and had a heavy bench strength, thus leading to a course correction. A very little part of it had to do with artificial intelligence (AI). Now, be it AI or any other disruptive technology, the industry needs to ensure that human resources remain on top of necessary skills. As the state government, we need to work with industries to…

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Previous News

Japan: Apple must allow 3rd-party app stores, payment systems

Next News

A backlog at the Commerce Department is reportedly stalling Nvidia’s H20 chip licenses

The Economic Times

More like this

Popular

Block title