By Kavita Mistry 
Pune, one of India’s biggest technology hubs, is now witnessing the ripple effects of a global economic slowdown and rising protectionism in Western markets. Tata Consultancy Services (TCS), India’s largest IT services firm, has reportedly laid off 365 employees in Pune alone, with nationwide layoffs expected to cross 12,000.
The development has triggered anxiety across the city’s tech workforce and raised questions about job security in an industry once seen as India’s most stable employer.
Global Economic Pressure Reaches India’s Tech Capital
Indian IT firms, traditionally major beneficiaries of globalisation, are feeling the heat as the US and Europe tighten outsourcing policies and prioritise domestic jobs. Combined with recession fears and reduced tech spending worldwide, companies are trimming their workforce to manage costs.
For Pune — home to thousands of IT professionals and multiple tech parks — the slump is beginning to feel real.
Employees Take Legal Route After Alleged Violations
Among the 365 laid off in Pune, at least three employees have filed complaints with the Labour Commissioner, demanding reinstatement. Workers allege:
- Layoffs were executed without following proper procedures
- Compensation norms were ignored
- Some women were coerced into resigning during maternity leave
During a hearing on November 18, TCS’s HR leadership reportedly avoided giving direct answers, opting to submit written replies later — creating further frustration among affected employees.
Nationwide Layoffs Adding to Anxiety
TCS senior officials have indicated that over 12,000 layoffs may be underway across India. Similar job cuts have been reported in other IT firms as well, signalling a broader structural challenge for the industry.
Labour unions have stepped in, warning companies to follow the law and ensure fair compensation. They argue that sudden mass layoffs not only violate labour norms but also destabilise families during an already uncertain economic period.
A Sector at a Crossroads
The situation in Pune highlights an urgent need for balanced policies that protect employee welfare while allowing companies to remain competitive. As global markets shift and automation grows, the IT sector must rethink job security, reskilling, and workforce planning.
For now, Pune’s tech workers are bracing for more turbulence — hoping that the downturn does not become a long-term trend.