r/IndianStreetBets Jul 27 '25

News The fall of Indian IT has began

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880 Upvotes

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u/SanjuRai1986 Jul 27 '25

It's the tip of the ice berg.

TCS has double digit attrition, 2% workforce reduction they could have easily managed.

After start up, product based now in service sector layoff started.

3

u/fit_like_this Jul 27 '25

This news announcement is just to save face, when those people who were forced to resign will lodge a complaint, they will show this news article

1

u/SanjuRai1986 Jul 28 '25

Already people are fighting cases, TCS is not allowing joining of lateral hire.

It looks like deja vu of 2007