TCS to cut roughly 12,000 jobs globally as AI investments deepen
INDIA, JUL 28 – TCS will cut 12,261 jobs, two percent of its global workforce, mainly middle and senior staff, as part of a shift toward AI-driven operations and workforce realignment.
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10 Articles
Not Gen AI, But Agentic AI Can Be The Way Forward For India's IT Sector—Here's Why
India's ever-evolving information technology (IT) sector is shifting, not shrinking. In the past few weeks alone, the country's leading IT giants including Tata Consultancy Services (TCS), Infosys, and Wipro, have either job cuts or paused fresher hirings to focus on 'strategic reset plans' due to artificial intelligence (AI).Notably, hiring is evolving in the sector and routine tech roles are being replaced by AI, automation, and cross-function…
Tech industry at an inflection point, workforce rationalisation expected in near term: Nasscom
New Delhi, Jul 28 (PTI) With country's largest IT services firm TCS laying off over 12,000 employees, industry body Nasscom on Monday said some "transitions" and "workforce rationalisation" are expected in near term as organisations shift toward product-aligned delivery models in response to increasing client demands for agility, innovation, and speed. Tata Consultancy Services (TCS) has said it will lay off more than 12,000 employees, or 2 per …
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