Layoffs

As AI spending rises, India’s IT employee body suggests companies and policymakers put worker protections ahead of layoffs.

Companies are leaning on AI as a convenient explanation for layoffs, even as weaker demand, past overhiring and cyclical slowdowns account for most job losses, shows Oxford Economics research

TCS’s move comes as the Indian IT industry undergoes sweeping changes in response to growing demand for AI, digital transformation, and automation

Looking ahead to May 2025, hiring growth is stabilized at a healthy 8% y-o-y.