Should You Worry? Citi Cuts TCS Share Price Target to Rs 3,135 After Layoff Shock — Should You Buy, Sell or Hold?
Tata Consultancy Services (TCS), India’s largest IT services firm, triggered market jitters after announcing plans to lay off 12,000 employees—about 2% of its global workforce—over FY26. The development, confirmed by TCS CEO and MD K. Krithivasan over the weekend, comes…