SAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finan ...More

SAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating large language models. He emphasised workforce transformation and sees India's talent, infrastructure investment, and government support as key to its continued tech powerhouse status amidst global AI shifts. ...Less

From a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real c ...More

From a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walking away. ...Less

Happy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught ...More

Happy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in today’s ETtech Morning Dispatch. ...Less

Tech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, d ...More

Tech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major players like Meta, Coinbase, and Freshworks are restructuring, leading to leaner teams and a shift towards efficiency. ...Less

India's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving ...More

India's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving them AI tools. Middle managers are being reduced. This move aims to control costs and improve efficiency. Companies are focusing on productivity growth. Revenue per employee is increasing. This strategy is shaping the future of the IT sector. ...Less

India's top IT firms saw a hiring pullback in FY26, with the five major players reducing staff by nearly ...More

India's top IT firms saw a hiring pullback in FY26, with the five major players reducing staff by nearly 7,000. This shift from expansion to efficiency, driven by AI and uncertain demand, sees a move towards specialised skills. Despite this, overall industry employment saw marginal growth, largely from global capability centres. ...Less

India's largest IT firm, TCS, reported a significant headcount reduction of 23,460 in FY26, ending with 5 ...More

India's largest IT firm, TCS, reported a significant headcount reduction of 23,460 in FY26, ending with 584,519 employees. The company has concluded its restructuring and plans aggressive campus hiring, aiming to onboard around 40,000 freshers annually. Despite this, TCS remains cautious about FY27 hiring due to unclear global demand. ...Less

Zoho layoff: There's a growing buzz on social media that Sridhar Vembu's company Zoho laid off 300 freshe ...More

Zoho layoff: There's a growing buzz on social media that Sridhar Vembu's company Zoho laid off 300 freshers without a prior warning. The buzz gained traction after a user claimed on Blind that Zoho had suddenly asked 300 retainees to go. Zoho was quick to issue a clarification and said that post erroneously conflated the company’s internship programme with full-time employment. ...Less

Tata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik o ...More

Tata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ETtech Top 5. ...Less

TCS has extended 25,000 offers to freshers this fiscal year. Future hiring of college graduates hinges on ...More

TCS has extended 25,000 offers to freshers this fiscal year. Future hiring of college graduates hinges on demand clarity. The company is investing in acquisitions, partnerships, and its staff for future growth. Business needs will shape hiring strategies. The company sees stable project pipelines and signs of improvement in discretionary demand. ...Less

Happy Friday! India’s AI agent boom is outpacing the guardrails meant to keep it in check. This and more ...More

Happy Friday! India’s AI agent boom is outpacing the guardrails meant to keep it in check. This and more in today’s ETtech Morning Dispatch. ...Less

Despite predictions of its demise, Indian IT services, led by TCS, are proving resilient due to deep skil ...More

Despite predictions of its demise, Indian IT services, led by TCS, are proving resilient due to deep skill sets, not just cost arbitrage, CEO K Krithivasan said. The company sees significant opportunities in AI-driven modernization and is experiencing a strong order book and improved customer confidence, even amidst global uncertainties. ...Less

TCS layoffs 2025 News: Tata Consultancy Services (TCS) will lay off approximately 2% of its workforce, im ...More

TCS layoffs 2025 News: Tata Consultancy Services (TCS) will lay off approximately 2% of its workforce, impacting over 12,000 employees in 2025. This decision is driven by global business uncertainties and the rapid integration of AI. TCS is providing support measures to affected employees, including severance packages and outplacement assistance, while strategically shifting towards AI deployment and new technologies. ...Less

TCS Layoffs: Tata Consultancy Services will reduce its workforce by two percent in fiscal year 2026. This ...More

TCS Layoffs: Tata Consultancy Services will reduce its workforce by two percent in fiscal year 2026. This decision impacts approximately 12,000 employees. The layoffs primarily affect middle and senior management. CEO K Krithivasan's salary of ₹26.52 crore has sparked debate. Social media users are questioning the fairness of the job cuts. Some defend the CEO's compensation, citing business needs. ...Less

TCS job cut: IT employee bodies are opposing TCS's plan to lay off 12,000 employees, deeming the retrench ...More

TCS job cut: IT employee bodies are opposing TCS's plan to lay off 12,000 employees, deeming the retrenchment illegal. Unions urge affected employees not to resign and demand reinstatement or fair compensation. TCS attributes the layoffs to skill mismatches, not AI, and promises severance packages, benefits, and outplacement support to those impacted. ...Less

Tata Consultancy Services is offering severance packages to long-serving employees whose skills no longer ...More

Tata Consultancy Services is offering severance packages to long-serving employees whose skills no longer align with evolving company needs. This restructuring impacts staff who haven't upskilled or are unallocated, with packages ranging from three months' notice pay to two years' salary based on tenure. The move is part of TCS's strategy to become a future-ready organization amid AI-led business transformation. ...Less

The Union of IT & ITES Employees (UNITE) protested against TCS, alleging potential job cuts affecting 30, ...More

The Union of IT & ITES Employees (UNITE) protested against TCS, alleging potential job cuts affecting 30,000 employees, a claim TCS denies, stating the reduction is around 2% of its global workforce. Supported by CITU, UNITE demands government intervention and warns of a larger layoff scale, while TCS emphasizes restructuring for future readiness with severance packages. ...Less

TCS layoffs 2025: CEO K Krithivasan said the recently announced job cuts are due to a “skill mismatch” an ...More

TCS layoffs 2025: CEO K Krithivasan said the recently announced job cuts are due to a “skill mismatch” and not because of artificial intelligence replacing roles. He added that TCS will continue to look for high-quality talent despite the planned reduction of around 12,000 employees from its global workforce. ...Less

The union government is taking an interest in the TCS layoffs that spooked employees and investors. This ...More

The union government is taking an interest in the TCS layoffs that spooked employees and investors. This and more in today's ETtech Top 5. ...Less

Tata Consultancy Services is set to lay off approximately 12,000 employees, representing 2% of its global ...More

Tata Consultancy Services is set to lay off approximately 12,000 employees, representing 2% of its global workforce, over the next three quarters of FY26. This decision follows concerns about salary hikes and a new benching policy. Here's what we know so far about the first massive job cut by an Indian company this year. ...Less

Thousands of Oracle employees in India faced immediate job termination via email. This action is part of ...More

Thousands of Oracle employees in India faced immediate job termination via email. This action is part of a global workforce reduction affecting approximately 10,000 individuals in India. The layoffs highlight a trend across the Indian tech industry as companies streamline operations. This move impacts roles in customer support, operations, and cloud services. ...Less

The government will only step in if it is demonstrated that AI upskilling incentives are in order to secu ...More

The government will only step in if it is demonstrated that AI upskilling incentives are in order to secure tech jobs, he said. This comes after Karnataka labour minister Santosh Lad asked the IT services company to explain the reason behind cutting nearly 12,000 jobs. ...Less

TCS's decision to lay off 12,000 employees due to macro uncertainties and AI disruptions has triggered in ...More

TCS's decision to lay off 12,000 employees due to macro uncertainties and AI disruptions has triggered investor concerns, contrasting sharply with Meta's layoff experience. This move reflects a weak demand environment and potential execution risks for the IT sector. Analysts warn of margin pressures and rising attrition, signaling a structural shift in India's IT services industry. ...Less

Representatives of the TCS management met the unions and Karnataka’s labour department officials to delib ...More

Representatives of the TCS management met the unions and Karnataka’s labour department officials to deliberate on the notice from the labour authorities on complaints made by the Karnataka State IT/ITeS Employees Union (KITU). ...Less

TCS layoffs 2025: Tata Consultancy Services faces a summons from Pune's Labour Commissioner. This follows ...More

TCS layoffs 2025: Tata Consultancy Services faces a summons from Pune's Labour Commissioner. This follows numerous complaints from the Nascent Information Technology Employees Senate regarding job terminations. The union highlights issues like forced resignations and denial of dues. A hearing is scheduled for November 18, 2025. ...Less

TCS will not lay off its employees, but will also look to recruit impacted workers, according to Chief Hu ...More

TCS will not lay off its employees, but will also look to recruit impacted workers, according to Chief Human Resources Officer of TCS Milind Lakkad. ...Less

TCS share price: Tata Consultancy Services shares faced a dip. This followed the announcement of a workfo ...More

TCS share price: Tata Consultancy Services shares faced a dip. This followed the announcement of a workforce reduction. The company plans to lay off approximately 2% of its global employees. This decision comes amid economic uncertainty. It also reflects disruptions from artificial intelligence. The IT sector shows signs of a slowdown. TCS reaffirms its commitment to strategic initiatives. ...Less

TCS job cuts: Tata Consultancy Services (TCS) plans to lay off approximately 2% of its workforce, impacti ...More

TCS job cuts: Tata Consultancy Services (TCS) plans to lay off approximately 2% of its workforce, impacting over 12,000 employees, due to macro uncertainties and AI-driven disruptions. The company will provide severance packages, outplacement services, and extended benefits to affected employees. This decision follows a decline in job additions across major IT firms and strategic initiatives by TCS to realign its workforce. ...Less

"We do it every year. Involuntary attrition at TCS has been about 1 per cent every year in that range and ...More

"We do it every year. Involuntary attrition at TCS has been about 1 per cent every year in that range and this year, it is no different," Chandrasekaran said. ...Less

TCS job cut: Harpreet Singh Saluja, president of the Nascent Information Technology Employees Senate (NIT ...More

TCS job cut: Harpreet Singh Saluja, president of the Nascent Information Technology Employees Senate (NITES), citing violation of the Industrial Disputes Act, 1947, has sought government intervention to protect the interests of the affected employees. Following this complaint, the Union labour ministry has directed the Maharashtra labour secretary to take necessary action in the matter. ...Less

TCS skipped a scheduled meeting with the Chief Labour Commissioner on Friday but sent a written response ...More

TCS skipped a scheduled meeting with the Chief Labour Commissioner on Friday but sent a written response via email. The company added that deferrals are a common practice in the IT industry, especially amid shifting project timelines. ...Less

Tata Consultancy Services (TCS) is reportedly trimming its workforce, leading to a wave of forced resigna ...More

Tata Consultancy Services (TCS) is reportedly trimming its workforce, leading to a wave of forced resignations and terminations. Employees are sharing experiences of intense pressure from HR to quit, causing widespread anxiety and humiliation. Social media posts detail desperate pleas from workers, highlighting the severe personal impact of these sudden job losses. ...Less

Onboarding delays for those with experience who have been hired exceeds 65 days, according to the people ...More

Onboarding delays for those with experience who have been hired exceeds 65 days, according to the people cited. The Tata Group unit has already started phasing out hundreds of benched staff in Hyderabad, Pune, Chennai and Kolkata, in line with its new policy that mandates such employees to find projects in 35 days or leave. TCS did not comment on the development. ...Less

Though Nasscom cannot initiate a formal enquiry, sources ET NOW spoke to say the software lobby is in tou ...More

Though Nasscom cannot initiate a formal enquiry, sources ET NOW spoke to say the software lobby is in touch with TCS over the issue. ...Less

While TCS pegged the move to shed 2% of its workforce to skill mismatches rather than AI-related producti ...More

While TCS pegged the move to shed 2% of its workforce to skill mismatches rather than AI-related productivity gains, experts viewed the largest-ever layoffs by India's top private employer as the beginning of things to come in the labour-intensive sector. Roughly 12,200 TCS middle and senior management jobs will be lost. The industry, which has played a crucial role in creating a middle class in India, is increasingly seeing AI being used for everything from basic coding to manual testing and customer support. ...Less

Calling the retrenchment illegal, IT employees' body Nascent Information Technology Employees Senate (NIT ...More

Calling the retrenchment illegal, IT employees' body Nascent Information Technology Employees Senate (NITES) sought directions issued to TCS to "halt all terminations and reinstate affected employees" in a letter to Union labour minister Mansukh Mandaviya. ...Less

KITU’s documents did not indicate any mass layoffs, senior labour department officials told ET. TCS gener ...More

KITU’s documents did not indicate any mass layoffs, senior labour department officials told ET. TCS general manager (HR) Boban Varghese Thomas appeared for the software major, while KITU president VJK Nair, general secretary Suhas Adiga, and secretary Sooraj Nidiyanga appeared for the employees in Bengaluru on Wednesday. ...Less

TCS's recent layoffs signal a shift in the Indian IT sector towards outcome-based models, as highlighted ...More

TCS's recent layoffs signal a shift in the Indian IT sector towards outcome-based models, as highlighted by CP Gurnani. While some jobs may be cut due to AI, new roles are emerging, requiring specialized skills. The industry faces concerns over employee well-being amid stricter bench policies and a slowdown in overall hiring. ...Less

TCS layoffs: The move comes amid growing macroeconomic uncertainty and increasing AI-led disruptions impa ...More

TCS layoffs: The move comes amid growing macroeconomic uncertainty and increasing AI-led disruptions impacting technology demand. It remains to be seen if other companies follow the leader. So far this fiscal year, no other Indian IT company has announced layoffs on this scale. ...Less

Executives at companies like Transearch, CIEL HR and Michael Page reveal that they have been getting quer ...More

Executives at companies like Transearch, CIEL HR and Michael Page reveal that they have been getting queries even before Sunday's announcement, as many were expecting an imminent job cut. TCS said it would lay off 2% of its workforce, or more than 12,000 employees, in the middle and senior levels in fiscal 2026. ...Less

Happy Tuesday! After announcing over 12,000 layoffs, TCS now plans to pause senior hiring and annual appr ...More

Happy Tuesday! After announcing over 12,000 layoffs, TCS now plans to pause senior hiring and annual appraisals. This and more in today’s ETtech Morning Dispatch. ...Less

TCS chief human resources officer Milind Lakkad said the company, which employs over 6 lakh people, will ...More

TCS chief human resources officer Milind Lakkad said the company, which employs over 6 lakh people, will be announcing hikes similar to earlier years. ...Less

The hike comes after TCS had paused its April salary increment cycle, citing macroeconomic uncertainties ...More

The hike comes after TCS had paused its April salary increment cycle, citing macroeconomic uncertainties and weak demand from major markets. Lakkad had said back then that a decision on this front will be made some time during the year. While announcing the April-June quarter results, the company had maintained that it had not taken a call on salary increments yet. ...Less

Though Indian IT is predicting strong growth this year, a slump in US & Brexit may upset plans. ...More

Though Indian IT is predicting strong growth this year, a slump in US & Brexit may upset plans. ...Less

Chandrasekaran, who climbed to the top at TCS before becoming Tata Sons chairman earlier this year, also ...More

Chandrasekaran, who climbed to the top at TCS before becoming Tata Sons chairman earlier this year, also denied any impact of protectionist policies. ...Less

Soham Parekh, the Indian software engineer who went viral for moonlighting across multiple startups, has ...More

Soham Parekh, the Indian software engineer who went viral for moonlighting across multiple startups, has responded to Tata Consultancy Services’ (TCS) decision to lay off 12,000 employees globally. As the Indian IT sector reacts to one of the biggest workforce reductions in recent history, Parekh urged tech workers not to rely on handouts and to sharpen their skills. TCS said the cuts are part of its restructuring to prepare for future demands shaped by artificial intelligence. ...Less

While terming these exits as "involuntary attrition", TCS claimed it does not plan to initiate any large ...More

While terming these exits as "involuntary attrition", TCS claimed it does not plan to initiate any large scale layoffs of any section of its staff in any part of the organisation. ...Less

TCS, which has a registered office in Helsinki is in negotiations with the employee representatives over ...More

TCS, which has a registered office in Helsinki is in negotiations with the employee representatives over the move to cut jobs. ...Less

Defending the industry as a whole, Viswanathan said that early estimates from Nasscom indicate that the I ...More

Defending the industry as a whole, Viswanathan said that early estimates from Nasscom indicate that the IT industry will be net hirers as the year ends. ...Less

Tata Consultancy Services saw its employee count drop by almost 20,000 in a single quarter. This signific ...More

Tata Consultancy Services saw its employee count drop by almost 20,000 in a single quarter. This significant reduction comes as the IT giant restructures its workforce. Unions are questioning the company's reported layoff numbers, suggesting a much larger workforce reduction. The IT workers' union claims the company is downplaying the scale of job cuts. ...Less

The move to reward and retain talent comes at a time when TCS has decided to lay off over 12,000 employee ...More

The move to reward and retain talent comes at a time when TCS has decided to lay off over 12,000 employees as part of what it describes as a broader strategy to become a "future-ready organisation". ...Less

TCS last Sunday announced that it would cut 2% of the workforce this fiscal year, affecting more than 12, ...More

TCS last Sunday announced that it would cut 2% of the workforce this fiscal year, affecting more than 12,000 of its mid- and senior-level employees. The union said it has received several complaints from TCS employees stating that the management was forcing them to resign. ...Less

TCS shares fell 1.7% to Rs 3,081.60 after the company announced it could no longer redeploy employees who ...More

TCS shares fell 1.7% to Rs 3,081.60 after the company announced it could no longer redeploy employees whose skills no longer align with its shifting business requirements. ...Less

Tech layoffs 2025: Major technology companies worldwide are cutting costs, resulting in massive job losse ...More

Tech layoffs 2025: Major technology companies worldwide are cutting costs, resulting in massive job losses. Firms like Amazon, Intel, and TCS are reducing their workforces significantly. These layoffs are driven by evolving technology, particularly AI, and slower economic growth. Many companies are reallocating resources towards AI development and cloud computing, impacting various sectors globally. ...Less

The volatility of the rupee is a matter of concern though the recent Rupee depreciation vis-a-vis the US ...More

The volatility of the rupee is a matter of concern though the recent Rupee depreciation vis-a-vis the US dollar would benefit Tata Consultancy Services (TCS), its Chief Financial Officer, S Mahalingam, said. ...Less

The global tech sector is experiencing unprecedented job cuts in 2025, with over 202,000 employees laid o ...More

The global tech sector is experiencing unprecedented job cuts in 2025, with over 202,000 employees laid off, primarily by US firms. Driven by cost-cutting and AI adoption, companies like Intel, Amazon, and Microsoft are significantly reducing their workforces. This trend highlights a shift towards efficiency and automation, with reskilling proving less effective this time. ...Less

TCS is facing backlash as onboarding delays leave around 650 lateral hires in uncertainty, prompting many ...More

TCS is facing backlash as onboarding delays leave around 650 lateral hires in uncertainty, prompting many to reconsider their resignations. Amidst a backdrop of layoffs and a cautious hiring environment, professionals are struggling to navigate revoked offers and explore backup options. The company's silence on confirmed start dates further exacerbates the situation, leaving candidates in limbo. ...Less

TCS is set to lay off around 2% of its workforce due to skill mismatches and AI-led disruptions, highligh ...More

TCS is set to lay off around 2% of its workforce due to skill mismatches and AI-led disruptions, highlighting India's broader jobs challenge. While AI raises job anxiety, a significant AI talent gap exists, hindering industry growth. Addressing this requires upskilling initiatives to enhance graduate employability and meet the rising demand for AI professionals. ...Less

Job losses in the IT sector are a growing concern. Tata Consultancy Services recently announced cutting 1 ...More

Job losses in the IT sector are a growing concern. Tata Consultancy Services recently announced cutting 12,200 jobs. Experts advise creating a financial safety net. This includes assessing expenses and gathering resources. Cutting discretionary spending is crucial. Consider shifting to lower-cost housing. Explore gig economy opportunities for income. Upskilling is essential for IT professionals to remain competitive. ...Less

Cognizant announced merit-based pay hikes for 80% of eligible staff from November, following similar move ...More

Cognizant announced merit-based pay hikes for 80% of eligible staff from November, following similar moves by TCS and Infosys amid industry uncertainty. While salary revisions offer relief, TCS is also laying off 12,000 employees. The IT sector remains cautious, with reduced hiring and concerns over large-scale job cuts persisting. ...Less

The minister said that the department called TCS officials just to have consultation to know the reason f ...More

The minister said that the department called TCS officials just to have consultation to know the reason for recent layoffs. Additionally, he said sunrise industries have been exempted from labour laws but there are conditions attached. ...Less

TCS Bench Policy Employee Concerns: TCS' new 35-day bench policy has created widespread concern among emp ...More

TCS Bench Policy Employee Concerns: TCS' new 35-day bench policy has created widespread concern among employees, with many using online forums to highlight challenges in finding suitable projects. While some believe it is a necessary step to improve workforce efficiency, others see it as a harsh move during uncertain times. The issue has drawn the attention of employee groups and could influence broader trends in the Indian IT industry. ...Less

Tata Consultancy Services will create 5,000 new jobs in the United Kingdom over the next three years. Thi ...More

Tata Consultancy Services will create 5,000 new jobs in the United Kingdom over the next three years. This announcement follows news of significant global workforce reductions. The company is also launching an AI experience zone and design studio in London. TCS currently supports over 42,000 jobs in the UK and contributed £3.3 billion to the economy last fiscal year. ...Less

Happy Monday! India’s largest software exporter is trimming 2% of its workforce as demand woes persist. T ...More

Happy Monday! India’s largest software exporter is trimming 2% of its workforce as demand woes persist. This and more in today’s ETtech Morning Dispatch. ...Less

Tata Consultancy Services is not targeting specific headcount reductions, according to HR chief Sudeep Ku ...More

Tata Consultancy Services is not targeting specific headcount reductions, according to HR chief Sudeep Kunnumal. The company saw a net reduction of nearly 20,000 employees in the September quarter due to voluntary and involuntary attrition, with mid and senior-level staff impacted by AI-led disruptions. TCS is providing comprehensive support to departing employees. ...Less

Infosys CEO Salil Parekh has assured no job cuts, confirming plans to hire approximately 20,000 graduates ...More

Infosys CEO Salil Parekh has assured no job cuts, confirming plans to hire approximately 20,000 graduates this year. Strategic investments in AI and reskilling initiatives have enabled the company to maintain a competitive edge. While AI enhances automation and insights, it necessitates advanced skills. ...Less

Tata Consultancy Services (TCS) Chief HR Officer Kunnumal further said that the company is "not chasing a ...More

Tata Consultancy Services (TCS) Chief HR Officer Kunnumal further said that the company is "not chasing a number". Asked about the true scale of layoffs given widespread fears that numbers could be as high as over 50,000-80,000, Kunnumal asserted that "a lot of these numbers are not factual, are extremely exaggerated" and "should be disregarded". ...Less

TCS said that it is working to ensure that employees get opportunities in Noida and other centres across ...More

TCS said that it is working to ensure that employees get opportunities in Noida and other centres across India as part of its UP consolidation. ...Less

Employment growth remains a key priority, with sharp focus on how initiatives like Employment Linked Ince ...More

Employment growth remains a key priority, with sharp focus on how initiatives like Employment Linked Incentive can help boost job creation, they asserted. At the same time, the emphasis is on skilling and reskilling. ...Less

Closer look at the trend in the top line growth, attrition rates, and attrition as a percentage of the to ...More

Closer look at the trend in the top line growth, attrition rates, and attrition as a percentage of the total workforce over the past seven years. ...Less

Sebi has teamed up with Google to take on misleading financial influencers and shady trading apps. This a ...More

Sebi has teamed up with Google to take on misleading financial influencers and shady trading apps. This and more in today's ETtech Top 5. ...Less

TCS shares: TCS posted a net profit of ₹12,760 crore for Q1FY26, marking a 6% year-on-year increase and s ...More

TCS shares: TCS posted a net profit of ₹12,760 crore for Q1FY26, marking a 6% year-on-year increase and surpassing market expectations. Revenue grew by 1.3% YoY to ₹63,437 crore; however, revenue in constant currency terms fell by 3.1%, primarily due to a significant scale-down of the BSNL contract. ...Less

TCS serves customers such as British Airways & BT in UK. The firm has around 4,800 staff working at almos ...More

TCS serves customers such as British Airways & BT in UK. The firm has around 4,800 staff working at almost 65 sites in UK and Ireland. Nine trends for IT in 2009 ...Less

As part of cost-cutting measures, outsourcing firm Tata Consultancy Services said that it will relocate s ...More

As part of cost-cutting measures, outsourcing firm Tata Consultancy Services said that it will relocate staff abroad into India. ...Less

Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stor ...More

Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look. ...Less

TCS share price: TCS CEO K Krithivasan said the company is in advanced discussions with multiple hypersca ...More

TCS share price: TCS CEO K Krithivasan said the company is in advanced discussions with multiple hyperscalers to build more AI data centres in India, citing strong demand for artificial intelligence infrastructure. The IT major expects India to require up to 10 gigawatts of AI data centre capacity by 2030, highlighting significant investment opportunities. ...Less

TCS is deferring annual salary hikes amid global business headwinds. This and more in today’s ETtech Top ...More

TCS is deferring annual salary hikes amid global business headwinds. This and more in today’s ETtech Top 5. ...Less

Indian real estate stocks plunged following layoffs at TCS, raising concerns about decreased housing dema ...More

Indian real estate stocks plunged following layoffs at TCS, raising concerns about decreased housing demand from IT professionals, particularly in Bengaluru. Analysts predict a potential ripple effect across major metro cities, with the Nifty Realty Index already significantly corrected. Despite concerns, some analysts remain optimistic, citing attractive valuations and potential benefits from recent interest rate cuts. ...Less

Former Chief Financial Officer of Infosys, TV Mohandas Pai said such "exaggerated" reports are based on a ...More

Former Chief Financial Officer of Infosys, TV Mohandas Pai said such "exaggerated" reports are based on a few events and there are attempts to blow them up. ...Less

Tata Consultancy Services reported flat revenue growth sequentially in the third quarter, the company’s w ...More

Tata Consultancy Services reported flat revenue growth sequentially in the third quarter, the company’s worst performance in at least four years. ...Less

TCS is planning to sack 172 employees at its Finland offices by August as part of the process to streamli ...More

TCS is planning to sack 172 employees at its Finland offices by August as part of the process to streamline its operations. ...Less

US Senators questioned major tech companies including TCS and Cognizant. This action followed mass layoff ...More

US Senators questioned major tech companies including TCS and Cognizant. This action followed mass layoffs of American employees. These companies filed thousands of H-1B visa petitions. Senators cited high tech unemployment rates. They plan to reintroduce bipartisan legislation to reform visa programs. The inquiry highlights concerns over replacing US workers with foreign labor. ...Less

A TCS employee in Pune, Saurabh More, was seen sleeping outside his office after claiming his salary was ...More

A TCS employee in Pune, Saurabh More, was seen sleeping outside his office after claiming his salary was withheld. He said he’d returned to work but was locked out of internal systems and left without income. His handwritten note and protest sparked strong reactions online. TCS said the pay was paused due to unauthorised absence and it has since offered him accommodation while discussions continue. The protest comes amid ongoing layoffs and structural changes within the IT giant. ...Less

TCS has been accused of favoring H-1B visa holders over Americans, facing discrimination claims based on ...More

TCS has been accused of favoring H-1B visa holders over Americans, facing discrimination claims based on race and age. Denies allegations, emphasizing equal opportunity. ...Less

A veteran HR executive, Shipra Madaan, reveals the challenges professionals face in securing employment a ...More

A veteran HR executive, Shipra Madaan, reveals the challenges professionals face in securing employment after 50, highlighting ageism in hiring practices. She emphasizes that despite qualifications, older candidates are often overlooked, leading to early retirement. Madaan advises professionals to proactively build strong networks and maintain visibility to combat this trend and remain relevant in the evolving job market. ...Less

US senators are scrutinizing IT giants like TCS and Cognizant over their hiring practices, demanding deta ...More

US senators are scrutinizing IT giants like TCS and Cognizant over their hiring practices, demanding details on American talent replacement by H-1B workers and wage parity. The inquiry follows mass layoffs of US tech employees while companies simultaneously filed thousands of foreign worker visa petitions. Senators are concerned about potential displacement of qualified American workers. ...Less

The deal will see TCS simplifying and standardising Tryg’s operations in its three major markets — Denmar ...More

The deal will see TCS simplifying and standardising Tryg’s operations in its three major markets — Denmark, Sweden, and Norway — and driving technological transformation over seven years. ...Less

Many of those laid off were mid- or upper-level techies, with low lateral skills for other industries. ...More

Many of those laid off were mid- or upper-level techies, with low lateral skills for other industries. ...Less

Some good news to chase away the Monday blues. Remember the thousands who lost their jobs globally? Accor ...More

Some good news to chase away the Monday blues. Remember the thousands who lost their jobs globally? According to experts, a big chunk of those roles could move to outsourcing hubs like India in the coming months. This and more in today’s ETtech Morning Dispatch. ...Less

Companies that pivot to hybrid delivery models, diversify geographically, and embed AI at scale will be b ...More

Companies that pivot to hybrid delivery models, diversify geographically, and embed AI at scale will be better positioned, not just to weather demand volatility, but to lead in an increasingly fragmented and uncertain global landscape, Nitin Bhatt, technology sector leader at EY India pointed out. ...Less

Global corporations, the paymasters of Indian software vendors, are no longer so keen to ante up for appl ...More

Global corporations, the paymasters of Indian software vendors, are no longer so keen to ante up for application development and maintenance. ...Less

Tata Consultancy Services' layoff announcement has sparked concerns among pubs, restaurants, and retailer ...More

Tata Consultancy Services' layoff announcement has sparked concerns among pubs, restaurants, and retailers, particularly in IT hubs like Bengaluru and Hyderabad. Delayed salary hikes and a poor business outlook have already led to reduced consumer spending by IT professionals. The real estate sector remains cautiously optimistic, anticipating a short-lived impact with demand potentially shifting towards non-IT sectors. ...Less

TCS’s decision to lay off over 12,000 staff has sent ripples through India’s IT sector, raising fears of ...More

TCS’s decision to lay off over 12,000 staff has sent ripples through India’s IT sector, raising fears of wider job losses. Infosys, however, has ruled out layoffs for now, sticking to its goal of hiring 20,000 graduates while investing heavily in AI training. CEO Salil Parekh highlighted the company's long-term focus on reskilling and adaptability as key to navigating global headwinds. As the industry shifts, Indian IT giants are recalibrating growth strategies to balance talent, automation, and evolving client demands. ...Less

This year, the company had already given out job offers to 20,000 on-campus candidates which had been the ...More

This year, the company had already given out job offers to 20,000 on-campus candidates which had been the same as in the previous year. Off-campus hiring had been 4,000, the official said. ...Less

TCS has reiterated over the last two weeks that there is nothing out of the ordinary in these job cuts & ...More

TCS has reiterated over the last two weeks that there is nothing out of the ordinary in these job cuts & hiring target of 55,000 for FY15 remains on track. ...Less

Tata Consultancy Services is making a significant shift towards artificial intelligence. The company plan ...More

Tata Consultancy Services is making a significant shift towards artificial intelligence. The company plans to invest billions in data centers and AI capabilities. This move aims to position TCS as a global leader in AI-driven technology services. The company is also expanding its AI workforce and reskilling employees for future digital roles. ...Less

TCS announced their annual National Qualifier Test (NQT) for final year students graduating in 2024. This ...More

TCS announced their annual National Qualifier Test (NQT) for final year students graduating in 2024. This online test is the first step in their recruitment process for engineers and computer science graduates interested in Ninja and Digital roles. The NQT assesses candidates' aptitude and coding skills. ...Less

"If technology changes and people don't have those capabilities, you've to re-skill them and re-orient th ...More

"If technology changes and people don't have those capabilities, you've to re-skill them and re-orient them," Infosys's Pravin Rao said. ...Less

TCS Wage Hike: salary increases for 80% of employees. The hike is effective from September 1, 2025. Junio ...More

TCS Wage Hike: salary increases for 80% of employees. The hike is effective from September 1, 2025. Junior and mid-level staff will benefit. However, TCS will lay off 12,000 mid and senior-level employees this year. This strategic overhaul comes amid industry caution. Other IT firms are also evaluating wage hike timelines. TCS restructures around fresh talent amid global slowdown. ...Less