As the economy struggles to move from lower-middle to higher-middle income, AI is threatening its biggest advantage: the youth bulge it enjoys against other countries that are rapidly aging
Microsoft CEO Satya Nadella says the company will begin hiring again after large-scale layoffs in 2025, with AI expected to reshape roles and drive higher workforce productivity
Ever since the internet made its mark at the start of this century, we have seen a great degree of change in society
Two-wheeler sales contract 6.5% as Indian auto industry 'applies the brakes': Fada
TCS skips meeting with the labour ministry, saying deferment of onboarding is 'nothing new,' and it remains committed to fulfilling its job offers to over 600 professionals
The $282 billion sector, employing around six million people, has long been one of the country's largest organised job creators
TCS cuts over 12,000 jobs as Indian IT pivots to GenAI, automation and leaner delivery teams. Hiring slows across top firms as margins, skills, and productivity take precedence
Firm's operating margin has remained below target for five consecutive quarters
This is the first time TCS has officially announced large-scale layoffs
Even as top line growth holds steady, IT giants such as TCS, Infosys and Wipro are shedding jobs, signalling a shift to automation, pyramid reset and legacy rationalisation
Amazon has laid off hundreds of employees in its AWS cloud division as part of a wider shift towards AI-driven automation, despite strong March-quarter growth in sales and operating income
Wells Fargo had three centres in India with Bengaluru, Hyderabad, and Chennai till last year, employing about 37,000 people
GitHub CEO Thomas Dohmke's remarks come at a time when tech giants have laid off over 100,000 employees since the start of 2025, citing slow growth, rising costs, and a shift towards AI and automation
The company said the layoffs will be driven by investment priorities, skills assessments and performance, and ruled out voluntary exits or buyouts
Amazon chief executive Andy Jassy cautions that AI will streamline operations, cut costs, and reduce the need for certain corporate roles as the company ramps up its investment in automation
Google, like other major tech firms, has been shifting its focus toward data centre infrastructure and AI development, reducing investments in less critical areas
The layoff comes a day after the IT major announced its plan to hire 20,000 fresh engineering graduates this fiscal year amid prediction of weaker than expected revenue growth
An EEOC spokesperson, citing federal law, said the agency cannot comment on investigations. Complaints, or charges, made to the EEOC are confidential under federal law.
Google layoffs are part of a restructuring from last year when the tech giant merged its Android and Chrome teams under Pixel
Pune-based IT workers union NITES on Wednesday said it will not hesitate to start a protest along with trainees, who were laid off recently by Infosys, if the government does not take "appropriate" action. Infosys said that every trainee joins with full understanding that performance evaluations are key part of their progress, and asserted that all eligible trainees (over 98 per cent) have received their relieving letter upon separation, along with outplacement services, severance pay, counselling, among other measures. Nascent Information Technology Employees Senate (NITES) in a statement on Wednesday said, "...we will continue to stand with these employees until they receive the fairness and dignity they deserve. Today we are politely requesting the authorities for justice, but if the government will not take appropriate measures then NITES along with all the employees will not hesitate to start a massive protest outside Infosys campus." NITES emphasised it is imperative that ...