it sector

9+ articles

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Infosys Defies Global Tech Slump with Plans to Hire 20,000 Fresh Graduates

While big tech companies globally are downsizing, Infosys is bucking the trend by ramping up its recruitment drive! With plans to hire 8,000 more freshers by 2025, after having already brought in 12,000 this year, Infosys continues to defy odds by expanding its workforce to about 332,000 employees. This strategic move contrasts sharply with the ongoing layoffs in the tech sector and highlights the company's commitment to skill development and regional hiring, particularly at its Hubballi campus. Find out how this stands as a glimmer of hope amidst global economic uncertainty.

Oct 17

Infosys Defies Global Tech Slump with Plans to Hire 20,000 Fresh Graduates

TCS Q2 FY26 Results: Small Profit Gains Amid Layoffs and Global IT Industry Headwinds

Tata Consultancy Services (TCS) announced its Q2 FY26 financials with modest revenue growth and profit margins faced with decline. The company saw a net profit of Rs 12,075 crore, marking a 1.4% YoY increase but a sequential drop of 5.4%. Despite a 3.7% rise in revenue, TCS undertook significant workforce reductions amidst sector-wide financial pressures and omitted workforce metrics, raising eyebrows. This comes against a backdrop of global challenges such as H1B visa restrictions and macroeconomic uncertainties. Experts remain cautiously optimistic about H2 FY26, anticipating recovery fueled by new deals and international market engagements.

Oct 9

TCS Q2 FY26 Results: Small Profit Gains Amid Layoffs and Global IT Industry Headwinds

TCS Layoffs: AI Revolutionizing India's IT Sector

In a remarkable shift, Tata Consultancy Services (TCS) has laid off approximately 12,200 employees, marking one of the largest restructurings in the company's history. This move highlights the transformative impact of AI on the global outsourcing industry, particularly within India’s burgeoning IT sector. Experts claim that AI-driven automation and skill mismatches are key factors in this significant organizational change.

Aug 9

TCS Layoffs: AI Revolutionizing India's IT Sector

TCS Declares Massive Layoffs: 12,000 Jobs to Go by 2025 as Company Embraces Future Readiness

Tata Consultancy Services plans to lay off 12,000 employees by 2025 as part of a strategic shift to becoming a 'future-ready' organization. Emphasizing skill realignment and adapting to AI-driven changes, the layoffs focus on mid and senior-level roles. Karnataka's Labour Department seeks clarification, and unions voice strong opposition, calling for legal protections.

Aug 2

TCS Declares Massive Layoffs: 12,000 Jobs to Go by 2025 as Company Embraces Future Readiness

India's IT Sector Shake-Up: TCS Leads Layoffs in AI Transformation Era

Tata Consultancy Services (TCS) is set to axe 12,000 jobs, marking a significant shift in India's traditionally stable IT sector. The move, driven by AI adoption and slowing business demands, targets mid-to-senior level employees. Companies, including TCS, are offering comprehensive support packages to ease transitions, as the industry braces for further changes. This upheaval highlights the pressing need for career agility and financial resilience in today’s evolving tech landscape.

Aug 2

India's IT Sector Shake-Up: TCS Leads Layoffs in AI Transformation Era

Zoho's Sridhar Vembu Takes Aim at IT Sector's 30-Year Inefficiencies

Sridhar Vembu, the outspoken co-founder of Zoho Corporation, critiques longstanding inefficiencies in the IT sector, pointing to a systemic asset bubble and advising the reallocation of displaced tech workers to infrastructure and manufacturing. Vembu's criticism comes amidst disappointing Q4 results from major Indian IT firms and is further complicated by tariffs introduced by President Trump. Infosys' recent layoffs add to the grim outlook, as Vembu calls for a paradigm shift in industry thinking.

Apr 18

Zoho's Sridhar Vembu Takes Aim at IT Sector's 30-Year Inefficiencies

AI-Powered Disruption: IT Unemployment Soars as White-Collar Jobs Face the Axe

The rise of AI is reshaping the IT sector, with unemployment rates climbing as AI-driven automation replaces routine and white-collar roles. Learn about the latest workforce impacts, tech industry decisions, and what the future holds for displaced workers.

Feb 10

AI-Powered Disruption: IT Unemployment Soars as White-Collar Jobs Face the Axe

Infosys Faces Backlash Over Fresher Layoffs: Over 300 Let Go After Internal Tests

Infosys, a major player in India's IT sector, has recently laid off more than 300 freshly onboarded campus recruits from the 2022 engineering batch. Despite offering salaries between ₹3.2-3.7 lakh, these employees faced termination after failing corporate qualifying tests. While Infosys argues these assessments ensure high-quality talent, critics, including the Nascent Information Technology Employees Senate (NITES), accuse the company of altering tests and employing coercive tactics during separation. As the situation unfolds, labor activism in the tech sector intensifies, raising questions about corporate transparency and employee rights.

Feb 7

Infosys Faces Backlash Over Fresher Layoffs: Over 300 Let Go After Internal Tests

India's IT Sector Ready for a Hiring Surge in FY26: A New Dawn for Tech Employment

India's IT sector is set to experience a significant hiring surge in FY26, with predicted increases of 10-12% in job numbers. This resurgence follows recent declines and is driven by factors such as business growth, digital transformation, and the readiness for generative AI projects. With major companies like TCS and Wipro gearing up, the hiring spurt promises tremendous opportunities, especially for freshers, who are expected to see hiring numbers exceed 150,000.

Dec 26

India's IT Sector Ready for a Hiring Surge in FY26: A New Dawn for Tech Employment