Is TCS going against Ratan Tata's legacy?
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TCS is laying off 12,000 workers. The main reasons for this layoff are advancements in AI technology and rapidly changing customer demands. As AI continues to evolve, it is increasingly replacing human jobs.
Ratan Tata, former chairman of Tata Sons, was known for opposing layoffs, emphasizing that workers should be treated as humans, not machines. Even during the global recession of 2008, TCS avoided layoffs by halting hiring and freezing salaries instead.