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INFOSYS HEADCOUNT DECLINE
Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...- Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
- IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...
- IT's revenue per employee up in productivity winIndia's leading IT firms are seeing revenue per employee rise. This indicates a shift towards AI and automation driving productivity. Compa...
- IT cuts mid-tier, expands AI-smart entry level in new hiring playbookIndia's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving them AI tools. Middle managers ar...
- Mphasis Q4 net profit rises 14% to Rs 510 croreMphasis has taken the spotlight with stellar financial results for the fourth quarter of fiscal year 2026, celebrating a solid 14.1 percent...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- India's top five IT firms cut nearly 7,000 jobs in FY26India'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 t...
- Infosys Q4 headcount falls by 8,440; attrition rises to 12.6%Infosys saw its employee base decrease by 8,440 in Q4FY26, despite reporting higher quarterly profits. The IT major's total headcount stood...
- Infosys shares tumble 6% after Q4 results. What Morgan Stanley, other top brokerages are sayingInfosys shares dipped following a 21% profit rise, as a weaker-than-expected FY27 revenue growth forecast of 1.5% to 3.5% disappointed expe...
- Tech Mahindra deal wins & AI push offer hope for FY27; management guidance key trigger: Aditya ShahTech Mahindra reported steady quarterly results. A significant deal with Orange in Europe offers future revenue potential. The company is s...
- Rs 92,000 crore ripple effect! HCL Tech’s weak Q4 drags IT pack; Infosys, Tech Mahindra slump up to 6%HCL Technologies’s weak Q4 triggered a ₹92,000 crore sell-off in IT stocks, dragging peers like Infosys and Tech Mahindra down up to 6% ami...
- TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
- TCS Q4 profit up 12%, revenue rises 9.6% amidst AI growth and deal winsTata Consultancy Services reported a 12% rise in net profit to Rs 13,718 crore for the March quarter, exceeding analyst expectations. Despi...
- TCS Q4 net profit jumps 12% to Rs 13,718 crore on strong deal wins, weak rupeeTCS reported a 12% net profit rise to ₹13,718 crore in Q4, exceeding expectations despite a 2.4% annual revenue decline in constant currenc...
- Infosys adds 2,456 employees in Q2FY25, reversing trend after six quartersInfosys' attrition for the second quarter rose slightly to 12.9%, up from 12.7% in Q1, though lower than 14.6% in Q2 of the previous year.
- India's top 3 IT companies see exit of 64,000 employees in FY23-24India's IT services industry - a $254 billion powerhouse - has been feeling the heat of global macroeconomic uncertainties and geopolitical...
- Wipro’s headcount drops by about 4,500, HCLTech’s adds 3,617 employees in Q3 FY24Wipro's staff strength for the quarter ended December was 240,234 as against 244,707 in the previous quarter. HCLTech’s staff strength for ...
- Indian IT majors see a dip in headcount amid macroeconomic headwindsWith the release of their quarterly results, one thing is clear—IT companies are witnessing a drop in headcount.
- Headcount cut as companies rush to automate IT, 4 out of top 6 report declineThough reports of companies laying off employees have been surfacing since long, this is the first quarter in which these many companies ha...
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