Overview
- Reports say affected employees receive three months’ notice pay plus severance from six months to two years based on tenure, with roughly 1.5 years for 10–15 years of service and up to two years for more than 15 years.
- Staff unassigned to projects for over eight months are being offered only the three‑month notice pay, though sources indicate not all bench employees are being released.
- Transition measures include early‑retirement options with full benefits and additional severance, outplacement support with agency fees covered for about three months, and access to counselling through the TCS Cares program.
- Sources indicate the bulk of the roughly 12,000 planned exits were completed by the end of September, with only isolated cases still under evaluation.
- Employee forum NITES alleges around 2,500 forced resignations in Pune, a claim TCS rejects as misinformation, while labour authorities have been engaged and some delayed lateral hires have begun receiving joining communications.