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TCS layoffs: Amidst mass sackings, Tata Consultancy Services stops salary hikes & senior level hiring; ‘huge cost cutting in…’

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TCS is freezing experienced hiring and global salary hikes amidst concerns over slow demand and AI's impact, potentially cutting 12,000 jobs. This move, impacting cities like Hyderabad and Chennai, sparks industry-wide discussions and worries about a talent "bloodbath."
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