THE Centre of Indian Trade Unions (CITU), in a statement issued on August 4, has unequivocally condemned the brazen and disastrous mass retrenchment plan of India’s largest IT company, Tata Consultancy Services (TCS), which is set to affect 2 per cent of its global workforce – over 12,000 employees across India. This sudden attack has been unleashed upon the workforce at a time when TCS reported consolidated revenue of Rs 2,55,324 crore for FY 2024–25 – a 6 per cent year-on-year growth – and the industry’s highest operating profit margin of 24.3 per cent.