December 31, 2025 11:10 pm (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
SoftBank bets big on AI again, pumps $22.5 billion more into OpenAI
Wed, Dec 31 2025
India surpasses Japan to become 4th largest economy — set to overtake Germany by 2030
Wed, Dec 31 2025
New Year’s eve delivery hit as gig workers go on nationwide strike — here’s what they want
Wed, Dec 31 2025
Sensex jumps 150 points at open, Nifty holds 26,000 — PSU and metal stocks lead market rebound
Wed, Dec 31 2025
PM Modi interacts with economists at NITI Aayog, calls for mission-mode reforms for Viksit Bharat
Tue, Dec 30 2025
TVS Motor teams up with Manba Finance — Game-changer for commercial vehicle financing?
Tue, Dec 30 2025