AI impact News

TCS Announces Historic Layoffs: Over 12,000 Jobs Cut in a Bold Move to Future-Proof the IT Giant

TCS, India's largest IT services firm, announces layoffs of over 12,000 employees, marking the biggest workforce reduction in the Indian IT sector's history. The move is part of TC...

TCS Announces Major Workforce Reduction: 12,000 Jobs at Risk Amid AI and Economic Shifts

Tata Consultancy Services plans a 2% workforce cut, impacting 12,000 employees, due to AI advancements and economic challenges. Affected staff will receive severance and support se...

Indian IT Firms Navigate AI and Macroeconomic Challenges: Cost Cuts and Strategic Shifts Amid Margin Pressures

Indian IT firms are grappling with margin pressures from macroeconomic slowdowns and AI's impact, adopting cost cuts and strategic shifts. Experts predict persistent challenges des...