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TCS EMPLOYEE REDUCTION
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...- 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 ...
- Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
- 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...
- 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...
- HCLTech Q4 net profit up 4.2% YoY to Rs 4,488 croreThe HCLTech management attributed the subdued quarterly performance to macro-uncertainties clouding the tech investment landscape and said ...
- Wipro attrition falls to 13.8%, headcount inches up by 136Wipro reported a slight decrease in attrition to 13.8% and a significant slowdown in hiring, adding only 136 employees in Q4 FY26. This com...
- Indian IT still alive & kicking; companies need us to access AI gains: TCS CEO K KrithivasanDespite predictions of its demise, Indian IT services, led by TCS, are proving resilient due to deep skill sets, not just cost arbitrage, C...
- 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...
- New income tax rules from April 1, 2026: From HRA relief to new ITR deadlines, key changes explainedNew income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing the 1961 act....
- TCS layoffs: Pune labour commissioner issues summons after employee complaintsTCS layoffs 2025: Tata Consultancy Services faces a summons from Pune's Labour Commissioner. This follows numerous complaints from the Nasc...
- TCS headcount drops by 20,000 in September quarter amid layoff blitzTata Consultancy Services saw its employee count drop by almost 20,000 in a single quarter. This significant reduction comes as the IT gian...
- TCS layoffs: IT major to mass fire 12,000 senior, mid-level staffers amid AI pushTCS job cuts: Tata Consultancy Services (TCS) plans to lay off approximately 2% of its workforce, impacting over 12,000 employees, due to m...
- TCS cuts variable pay of senior staff, even those who played by work-from-office ruleDespite enforcing strict return-to-office policies, Tata Consultancy Services (TCS) has reduced quarterly bonuses for some senior employees...
- TCS continues to hire in Q2, adds 5,726 employeesIn the previous quarter Q1, the Tata group subsidiary had reversed the declining headcount trend by adding 5452 employees after a drop of t...
- IT hiring slump: Indian IT firms experience drop in average training hoursIT jobs: Training hours at Infosys, Wipro, and Tech Mahindra dropped in FY24 due to fewer freshers and just-in-time hiring, e.g., Infosys d...
- TCS announces double-digit salary hike this year: Here is what you can expect in this appraisal cycleTCS Appraisal 2024: India's biggest IT company, Tata Consultancy Services, has declared a double-digit salary increase. The company plans t...
- Lower TDS and TCS rates, less PF outgo for 3 monthsPF revision will benefit 43 million provident fund subscribers across EPFO and exempted establishments and 650,000 employers. It will not c...
- TCS headcount drops by 1400 in the first quarter of the financial year 2018This is the first time in three years that TCS has reported a drop in the overall headcount. The headcount number fell by 1414 from 387,223...
- Gross hiring in top IT companies in FY17 may fall on lower attrition"Gross hiring in fiscal 2016-17 could reduce on lower attrition and benefits of productivity initiatives," the report added.
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