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...
25 Apr, 2026, 01.23 PM IST
Tech layoffs: India once again in the crosshairs, with 1 in 3 laid off by Oracle based hereThousands of Oracle employees in India faced immediate job termination via email. This action is part of a global workforce reduction affec...
02 Apr, 2026, 05.06 PM IST
Sebi's finfluencer crackdown; Scimplify eyes fresh fundsSebi has teamed up with Google to take on misleading financial influencers and shady trading apps. This and more in today's ETtech Top 5.
26 Mar, 2026, 07.43 PM IST
Cognizant announces salary hikes amid uncertainty in IT industryCognizant announced merit-based pay hikes for 80% of eligible staff from November, following similar moves by TCS and Infosys amid industry...
14 Aug, 2025, 02.36 PM IST
TCS to freeze senior hiring, pause annual salary hikesOnboarding delays for those with experience who have been hired exceeds 65 days, according to the people cited. The Tata Group unit has alr...
31 Jul, 2025, 11.48 AM IST
Explained: Why TCS firing 12,000 employees may be a canary in the mine and what it means for investorsTCS's decision to lay off 12,000 employees due to macro uncertainties and AI disruptions has triggered investor concerns, contrasting sharp...
31 Jul, 2025, 11.45 AM IST
Infosys to hire 20,000 freshers amid IT job loss fearsInfosys CEO Salil Parekh has assured no job cuts, confirming plans to hire approximately 20,000 graduates this year. Strategic investments ...
30 Jul, 2025, 02.44 PM IST
Troubles deepen at TCS; Honasa’s beauty-tech planHappy Tuesday! After announcing over 12,000 layoffs, TCS now plans to pause senior hiring and annual appraisals. This and more in today’s E...
29 Jul, 2025, 10.09 AM IST
TCS is slashing 12,000 jobs in India’s biggest IT layoff; will others follow?TCS layoffs: The move comes amid growing macroeconomic uncertainty and increasing AI-led disruptions impacting technology demand. It remain...
29 Jul, 2025, 10.05 AM IST
Infosys, Wipro, other IT stocks fall up to 3% as TCS job cuts deepen concerns over sector slowdownTCS 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...
28 Jul, 2025, 11.26 AM IST
Infosys not in favour of moonlighting, says CEO Salil ParekhIn the last few months, most IT services companies have taken a tough stance on the practice of employees moonlighting, with cross-town riv...
13 Oct, 2022, 07.07 PM IST
The human dimension of India’s IT woesMany of those laid off were mid- or upper-level techies, with low lateral skills for other industries.
25 Dec, 2019, 03.57 PM IST
Reports of depression among IT professionals exaggerated: Mohandas PaiFormer Chief Financial Officer of Infosys, TV Mohandas Pai said such "exaggerated" reports are based on a few events and there are attempts...
18 Jul, 2017, 03.16 PM IST
Job cuts at Indian outsourcing firms aren't Donald Trump's fault. Read whyGlobal corporations, the paymasters of Indian software vendors, are no longer so keen to ante up for application development and maintenanc...
12 May, 2017, 11.32 AM IST
Re-skilling, not layoffs, will address new challenges: Infosys"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.
15 Feb, 2015, 07.34 PM IST
Ten takeways from TCS'Q3 resultsTata Consultancy Services reported flat revenue growth sequentially in the third quarter, the company’s worst performance in at least four ...
15 Jan, 2015, 10.54 PM IST
- TCS asks several employees in UK office to leave
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...
26 Feb, 2009, 01.08 AM IST