May 12, 2026 04:45 am (IST)
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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."
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