TCS layoffs: IT Ministry keeping close watch on situation

NEW DELHI: (Jul 28) 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.

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