Times of India | Big reset: Top 5 Indian IT cos shed nearly 7K jobs in FY26, reversing FY25 gains

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India’s five largest IT services firms—TCS, Infosys, Wipro, HCLTech and Tech Mahindra—collectively cut 6,981 jobs in FY 2026, reversing the net gain of 12,718 hires recorded in FY 2025. The pullback, driven by demand uncertainty, delayed decision‑making and AI‑enabled efficiency gains, marks a shift from the traditional headcount‑focused growth model to one that emphasizes outcomes and AI‑augmented productivity. While TCS led the reductions with 23,460 cuts, Tech Mahindra shed 1,108 jobs; the remaining firms trimmed staff more modestly, focusing hiring on AI‑native, problem‑solving talent in data, cloud, cybersecurity and other frontier technologies. Industry data shows overall IT employment in India plateaued at about 5.9 million, with growth now concentrated in specialized, domain‑focused roles and driven by expanding global capability centres. Analysts predict a move toward a “digital labour” model, targeting 20 % AI‑driven workforces within two years and higher revenue per employee, even as overall workforce numbers recede.

Read more: https://timesofindia.indiatimes.com/technology/tech-news/big-reset-top-5-indian-it-cos-shed-nearly-7k-jobs-in-fy26-reversing-fy25-gains/articleshow/130517837.cms

#TCS #Infosys #Wipro #HCLTech #PhilFersht #RayWang

Big reset: Top 5 Indian IT cos shed nearly 7K jobs in FY26, reversing FY25 gains - The Times of India

Tech News News: Headcount is passé; outcomes are the new currency. India’s top five IT services firms slipped back into net workforce contraction in FY26, reversing t.

The Times of India
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India Weekly

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#microsoftindia #aicommunity #genai #tcs #infosys #wipro #cognizant #IndiaTech #Copilot #FutureOfWork #AgenticAI

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https://www.vrnewslive.com/first-driverless-car-india-autonomous-mobility/

First Driverless Car भारत की पहली चालक रहित कार का अनावरण: IISc, विप्रो और RV कॉलेज ने मिलकर बनाया देश का ‘ड्राइवरलेस वंडर’ - VR News Live

First Driverless Car भारत की पहली चालक रहित कार का अनावरण: IISc, विप्रो और RV कॉलेज ने मिलकर बनाया देश का ‘ड्राइवरलेस वंडर’

VR News Live
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#YonhapInfomax #Harman #SamsungElectronics #Wipro #DigitalTransformation #AutomotiveElectronics #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78133
Samsung Subsidiary Harman Sells Digital Transformation Unit to Focus on Automotive Electronics and Audio

Samsung subsidiary Harman has sold its Digital Transformation Solutions unit to India's Wipro for about $375 million, shifting focus to automotive electronics and audio as over 5,600 employees transfer and the deal is set to close this year.

Yonhap Infomax
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Antara Mandal Claims to Clear 14 Interview Rounds for Wipro Job, Faces Online Backlash and Skepticism - News 24 Media

Antara Mandal's Viral Claim of Surpassing 14 Interview Rounds for Wipro’s Developer Role Sparks Debate on Hiring Processes

News 24 Media

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With 30+ years of experience, Kiran will drive strategy to help clients scale digital innovation via global capability centres.

“GCCs are becoming high-value digital hubs,” says Kiran.
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#GCC #HCLTech #Wipro #Leadership #DigitalTransformation #TechChilli #IndiaTech