April 27, 2026 05:28 am (IST)
Follow us:
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
Agra’s leather industry gets a global push as India-New Zealand FTA nears historic signing
Sun, Apr 26 2026
Big boost for Mumbai drivers! Piyush Goyal launches Bharat Taxi mega onboarding drive
Sat, Apr 25 2026
Microsoft stuns workforce with first-ever voluntary buyout plan for 7 pct of U.S. employees: Reports
Sat, Apr 25 2026