After massive layoffs, Noel Tata’s TCS to transform AI-driven business for…, extends partnership with…

TCS has extended its partnership with Weatherford which operates in about 75 countries with around 19,000 employees.

TCS had indicated that it is set to lay off about 2 per cent, or 12,261 employees, of its global workforce this year, with the majority of those impacted belonging to middle and senior grades.

As of June 30, 2025, TCS’s workforce stood at 6,13,069. It increased its workforce by 5,000 employees in the recently concluded April-June quarter. The move is part of the company’s broader strategy to become a “future-ready organisation”, focusing on investments in technology, AI deployment, market expansion, and workforce realignment, TCS said in a statement.

TCS Partnership With Weatherford

IT services major Tata Consultancy Services (TCS) said it has secured a five-year contract renewal and expansion with Weatherford International to drive the North America-based oilfield service company’s AI-driven business transformation.

The renewed collaboration builds on a seven-year partnership, during which TCS’s services led to an approximately 50 per cent reduction in Weatherford’s total cost of ownership in mission-critical operations, the company said in a statement.

What Will TCS Serve For Company?

Under the extended agreement, TCS will leverage its expertise in Artificial Intelligence (AI) and automation to enhance operational efficiency across Weatherford’s finance, supply chain, and human resources domains.

Additionally, TCS’s advisory offerings will support Weatherford in simplifying workflows, fostering innovation, and enabling outcome-based strategies aimed at maximising agility and long-term financial resilience.

“By leveraging TCS’s expertise, we aim to enhance scalability, foster innovation, and ensure sustainable growth while reinforcing our commitment to delivering unmatched value to our customers,” said Girish Saligram, President and CEO at Weatherford International.

(With Inputs From PTI)