The India-headquartered IT services firm employs more than 1,000 people in Ireland.
Tata Consultancy Services (TCS) will be laying off around 2pc of its global workforce, or around 12,000 employees, over the course of this financial year.
The job cuts will affect middle- and senior-level employees, the global IT services firm said in a statement.
TCS employs more than 1,000 people in Ireland across Dublin, Donegal, Cork, Galway and Athlone. While globally, the India-headquartered company employs more than 600,000 people. TCS did not clarify whether the layoffs will affect those employed in Ireland.
In an interview with Moneycontrol on Sunday (27 July), TCS CEO K Krithivasan said, “The ways of working are changing”, pointing to new artificial intelligence (AI) technologies. The company, like many others, has made heavy investments in AI.
“We have been deploying AI at scale and evaluating skills we will be requiring for the future. We have invested a lot in associates in terms of how we can provide them with career growth and deployment opportunities.
“Still, we find that there are roles where redeployment has not been effective,” he added.
TCS made more than $30bn in revenue in its last financial year ending 31 March 2025. The company said that AI and generative AI projects are driving growth, with its clients increasingly seeking AI-led interventions.
Last month, TCS announced a new partnership with Nvidia to design agentic AI solutions directed at its telecoms customers.
TCS has been in Ireland since 2001, and has grown its presence in the country over recent years. One of the biggest expansions for TCS Ireland came in 2020 when it acquired Donegal-based Pramerica. This paved the way for TCS to develop its global delivery centre in Letterkenny.
In 2024, the company secured a major Government contract to manage a new pension auto-enrolment system.
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