Tata Consultancy to lay off fewer than 40 Cedar Rapids-area employees
BPC Staff Dec 6, 2019 | 9:48 pm
<1 min read time92 wordsAll Latest News, Insurance & Investments, Iowa News
Cedar Rapids Gazette: Tata Consultancy Services plans to lay off approximately 40 employees in and around the Cedar Rapids area. In an email to TCS employees, the company said “a number of positions that support the Transamerica TPA [third-party administrator] engagement will be ending over the next 60 days.” The India-based IT company in January 2018 signed a $2 billion deal to manage Transamerica’s life and annuities business and administer more than $10 million of its policies. Since then, according to the email, the company has successfully transitioned “many processes” to India.
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