June 28, 2026 09:46 pm (IST)
Tech Mahindra lays off 1,000 employees?
New Delhi, May 11 (IBNS): Software service firm Tech Mahindra has laid off nearly 1,000 employees in the current month, media reports said.
Tech Mahindra, India's fifth largest IT and software services firm, has laid off about 1,000 employees this month as part of their annual performance appraisal process, sources told NDTV Profit.
In an emailed statement to NDTV Profit, Tech Mahindra said "We have a process of weeding out bottom performers every year and this year is no different."
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Best Car Insurance for Cars Driven Less Than 5,000 KM a Year
Sat, Jun 27 2026
Will pre-2005 Rs.10, Rs. 20, Rs. 50 and Rs. 100 notes become invalid after June 30? Here's the truth
Sat, Jun 27 2026
From Kolkata to corporate America: How Shankh Mitra became the world's second-highest paid CEO
Fri, Jun 26 2026
TVS unveils fresh NTORQ lineup with bold new features and styling
Fri, Jun 26 2026
Amazon's massive India bet! Andy Jassy announces $48 billion investment after meeting PM Modi
Thu, Jun 25 2026
Rajesh Exports crashes 5%! ED probe triggers fresh investor panic
Thu, Jun 25 2026
