TCS shares slipped 0.76% lower to ₹3055.6 on BSE during Tuesday's intra-day trade, hitting their lowest level in 33 months. This comes as the stock is trading lower for the fourth consecutive day, slipping 4% after it announced plans to lay off 12,000 employees or roughly 2% of its global workforce. Its shares lost ₹20,000 crore in value on Monday.