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Wipro has released its Q FY financial results, reporting modest profit growth, improved employee ...
Infosys has reported its Q FY earnings, reflecting moderate growth in profit and revenue, a stabl...
Tata Consultancy Services TCS has addressed growing speculation around potential layoffs, with Chi...
Infosys has officially launched its annual performance appraisal cycle for the fiscal year ending September 2025, setting in motion a process that has sparked renewed hope among employees for long-overdue salary hikes in 2026. The Bengaluru-based IT services major has asked employees to complete their self-assessments by October 17, 2025, as part of its routine […]
Tata Consultancy Services (TCS) plans to retrain about 100,000 employees every year—nearly one-sixth of its workforce—as artificial intelligence (AI) continues to redefine technology services and client expectations, Nikkei Asia reported. Chief Technology Officer Harrick Vin said that the emergence of generative AI marks “a transformation unlike any other technological wave.” Unlike traditional tools, AI systems that learn […]
HCLTech has released its financial results for the second quarter of FY26, showing notable improvements across revenue, employee headcount, and strategic partnerships. The company’s performance reflects its continued focus on digital transformation, AI-led services, and talent expansion, especially in contrast to Q1 FY26 and Q2 FY25. Financial Performance: Steady Growth and Margin Recovery HCLTech reported […]
Tata Consultancy Services (TCS), India’s largest IT services firm, is recalibrating its hiring strategy in the United States by significantly reducing its reliance on H-1B visa holders. CEO K Krithivasan confirmed that the company has deployed fewer than the approved number of H-1B staff this financial year and will not pursue new H-1B hires in […]
Global Capability Centres (GCCs) in India are experiencing a sharp rise in hiring activity in 2025, driven by their evolving role from support hubs to strategic innovation centers. With over 1,600 GCCs currently operating in India and projections suggesting this number could reach 2,200 by 2030, the sector is poised to generate more than 500,000 […]
UK-based business banking platform Tide has announced a significant expansion of its India operations, committing £500 million (approximately ₹6,000 crore) over the next five years starting in 2026. The company also plans to create over 800 new jobs in India within the next 12 months, reinforcing its long-term strategy to position India as a central […]
India’s technology sector is witnessing a quiet but significant churn in 2025, as “silent layoffs” continue to displace thousands of workers across major IT firms. Unlike formal mass terminations, these layoffs are often informal, unannounced, and executed through internal pressure tactics—such as nudging employees to resign or seek roles elsewhere. Industry estimates suggest that over […]
India’s largest IT services firm, Tata Consultancy Services (TCS), has announced a full 100% payout of its quarterly variable allowance (QVA) to junior employees for the second quarter of FY 2025–26. The move comes amid cautious optimism in the IT sector and is seen as a signal of TCS’s commitment to retaining talent and maintaining […]
Google has issued a warning that more than 100 organizations may have been compromised in a large-scale hacking campaign linked to the CL0P ransomware group. The cyberattack targeted Oracle’s E-Business Suite, a widely used enterprise resource planning platform, and resulted in the theft of significant volumes of customer data. Experts have described the breach, which […]
Over 250 employees of B9 Beverages, the company behind Bira 91 craft beer, have submitted a formal petition to the board and key investors demanding a leadership change. The plea specifically calls for the removal of founder and CEO Ankur Jain from the company’s management, citing serious concerns around corporate governance, financial transparency, and delayed […]
Tata Consultancy Services (TCS) reported a net reduction of 19,755 employees in Q2 FY26, marking one of the sharpest quarterly workforce contractions in its history. The decline comes amid a broader restructuring initiative and strategic workforce realignment. TCS Workforce Reduction Exceeds Initial Estimates As of September 30, 2025, TCS reported a total headcount of 5,93,314 […]
Tata Consultancy Services (TCS) announced its financial results for the second quarter of FY26 on October 9, 2025. The company reported modest growth in revenue and profit, a stable headcount, and a continued focus on operational efficiency amid global demand uncertainties. TCS declared a second interim dividend of ₹11 per equity share. The dividend will […]
