The first quarter of FY26 was a challenging period for Indian IT giants, including TCS, Wipro, and HCLTech, with some reporting a drop in revenue and others recording single-digit growth. However, beyond the revenue figures, the focus on AI might be overshadowing the broader story of these firms.
According to a report by Moneycontrol, TCS plans to reduce its workforce by 2% by 2026. This would impact 12,000 jobs primarily at the middle and senior levels. “It has not been an easy decision and one of the toughest decisions I have had to…
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