Business
Tata Consultancy Services (TCS) has announced that it will acquire Coastal Cloud, a US-based Salesforce consulting and cloud services firm, in an all-cash $700 million deal. This marks TCS’s biggest acquisition since its 2004 IPO. The transaction is expected to close by January 31, 2026, subject to regulatory approvals in the United States. What Coastal […]
Op-Eds Opinion
The numbers are staggering. TCS, India’s largest IT services company, reported a headcount drop of nearly 20,000 employees in just one quarter. Attrition has actually fallen, so these exits cannot be explained away as voluntary churn. Instead, they signal a deeper restructuring—one that threatens to set off ripples across India’s white-collar job market. And yet, […]
Business
Tata Consultancy Services (TCS) has cancelled the press conference originally scheduled to announce its Q2 (July-September 2025) results. The company will still release its results and host a call with analysts, but the public event has been called off. Reason and Context The move comes amid speculation that the cancellation is tied to a tradition […]
Business
India’s largest IT services company, Tata Consultancy Services (TCS), has announced plans to reduce its global workforce by approximately 2%, which amounts to over 12,000 jobs. The decision is part of a broader strategic shift aimed at aligning operations with emerging technologies and changing market dynamics. The company, which currently employs over 613,000 people