After massive layoffs, Noel Tata’s TCS to transform AI-driven business for…, extends partnership with…
GH News August 06, 2025 10:06 PM
TCS had indicated that it is set to lay off about 2 per cent or 12261 employees of its global workforce this year with the majority of those impacted belonging to middle and senior grades. As of June 30 2025 TCSs workforce stood at 613069. It increased its workforce by 5000 employees in the recently concluded April-June quarter. The move is part of the companys broader strategy to become a future-ready organisation focusing on investments in technology AI deployment market expansion and workforce realignment TCS said in a statement. TCS Partnership With Weatherford IT services major Tata Consultancy Services (TCS) said it has secured a five-year contract renewal and expansion with Weatherford International to drive the North America-based oilfield service companys AI-driven business transformation. The renewed collaboration builds on a seven-year partnership during which TCSs services led to an approximately 50 per cent reduction in Weatherfords total cost of ownership in mission-critical operations the company said in a statement. What Will TCS Serve For Company? Under the extended agreement TCS will leverage its expertise in Artificial Intelligence (AI) and automation to enhance operational efficiency across Weatherfords finance supply chain and human resources domains. Additionally TCS’s advisory offerings will support Weatherford in simplifying workflows fostering innovation and enabling outcome-based strategies aimed at maximising agility and long-term financial resilience. By leveraging TCS’s expertise we aim to enhance scalability foster innovation and ensure sustainable growth while reinforcing our commitment to delivering unmatched value to our customers said Girish Saligram President and CEO at Weatherford International. (With Inputs From PTI)
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