Anta Assamey Posted January 13 Report Posted January 13 It is an understanding fact that the IT sector is undergoing a significant sizing down operation as several leading companies have started to cut down on their workforce. The situation is particularly prevalent in India as many companies have been firing thousands of employees at once. Now it is being established that the famous Tata Consultancy Services which is generally regarded as a safe haven for software employees and known to hold their workers for a long period of time have also hired about layoffs. In principal, TCS has communicated that the layoffs will continue in the upcoming quarter as well and they have no specific target of this sizing down operation. TCS has already cut over 30,000 jobs in the last six months amid profit declines and AI-driven restructuring. And now it has been confirmed that the company would continue to fire more employees in the next few months as well. Recent TCS Q3 FY26 data confirms an 11,151-employee reduction, marking the second consecutive quarter of downsizing. The company is extensively restructuring itself in response to the ongoing AI revolution, and this shift is coming at the cost of its human workforce. If safe companies like TCS are also going ahead with layouts, then this could be a pretty strong indication that the Indian IT sector could be for major sizing downs in the near future. This could leave the domestic entry level and senior workforce in a state of absolute shambles. Quote
Pavanonline Posted January 13 Report Posted January 13 36 minutes ago, Anta Assamey said: It is an understanding fact that the IT sector is undergoing a significant sizing down operation as several leading companies have started to cut down on their workforce. The situation is particularly prevalent in India as many companies have been firing thousands of employees at once. Now it is being established that the famous Tata Consultancy Services which is generally regarded as a safe haven for software employees and known to hold their workers for a long period of time have also hired about layoffs. In principal, TCS has communicated that the layoffs will continue in the upcoming quarter as well and they have no specific target of this sizing down operation. TCS has already cut over 30,000 jobs in the last six months amid profit declines and AI-driven restructuring. And now it has been confirmed that the company would continue to fire more employees in the next few months as well. Recent TCS Q3 FY26 data confirms an 11,151-employee reduction, marking the second consecutive quarter of downsizing. The company is extensively restructuring itself in response to the ongoing AI revolution, and this shift is coming at the cost of its human workforce. If safe companies like TCS are also going ahead with layouts, then this could be a pretty strong indication that the Indian IT sector could be for major sizing downs in the near future. This could leave the domestic entry level and senior workforce in a state of absolute shambles. nice happened, innovation ledu r&d ledu kept playing safe for decades Quote
psycontr Posted January 13 Report Posted January 13 40 minutes ago, Anta Assamey said: It is an understanding fact that the IT sector is undergoing a significant sizing down operation as several leading companies have started to cut down on their workforce. The situation is particularly prevalent in India as many companies have been firing thousands of employees at once. Now it is being established that the famous Tata Consultancy Services which is generally regarded as a safe haven for software employees and known to hold their workers for a long period of time have also hired about layoffs. In principal, TCS has communicated that the layoffs will continue in the upcoming quarter as well and they have no specific target of this sizing down operation. TCS has already cut over 30,000 jobs in the last six months amid profit declines and AI-driven restructuring. And now it has been confirmed that the company would continue to fire more employees in the next few months as well. Recent TCS Q3 FY26 data confirms an 11,151-employee reduction, marking the second consecutive quarter of downsizing. The company is extensively restructuring itself in response to the ongoing AI revolution, and this shift is coming at the cost of its human workforce. If safe companies like TCS are also going ahead with layouts, then this could be a pretty strong indication that the Indian IT sector could be for major sizing downs in the near future. This could leave the domestic entry level and senior workforce in a state of absolute shambles. They are RIFing in rest of India with plans to hire in Vizag hub. Most of the laidoff people said not to Vizag relocation. 1 Quote
Dallasbaluu Posted January 13 Report Posted January 13 2 minutes ago, Pavanonline said: nice happened, innovation ledu r&d ledu kept playing safe for decades anna sh!t companies surviving bidding clients projects for cheaper money and telling we can provide resources available 24/7. client managers gallu errifook gallu veelannu nammadam thanks to AI anna andaru vellalisinde 1 Quote
Dallasbaluu Posted January 13 Report Posted January 13 2 minutes ago, psycontr said: They are RIFing in rest of India with plans to hire in Vizag hub. Most of the laidoff people said not to Vizag relocation. anna canteen free food ani chepu anna relocation ki Quote
citizenofIND Posted January 13 Report Posted January 13 May be this quarter or next quarter is not satisfying. Quote
2024 Posted January 13 Report Posted January 13 TCS vadu start chesadu anta slow gaa anni companies start chestayi emo... mana Bodi gadu manna ki bhat ani m@dda lo sodhi cheputa untadu emi cheyakunda Quote
Teluguredu Posted January 13 Report Posted January 13 13 minutes ago, Pavanonline said: nice happened, innovation ledu r&d ledu kept playing safe for decades They weren't even playing safe, they are just incompetent . If you have enough cash and aren't investing in new tech you are taking a bigger risk than anything. 1 Quote
citizenofIND Posted January 13 Report Posted January 13 1 minute ago, Teluguredu said: They weren't even playing safe, they are just incompetent . If you have enough cash and aren't investing in new tech you are taking a bigger risk than anything. No, TCs is waiting for Jaggu bhai to become CM to invest in AP.. Baburao gone begging TCS for 1 ruppee Quote
kevinUsa Posted January 13 Report Posted January 13 1 minute ago, Teluguredu said: They weren't even playing safe, they are just incompetent . If you have enough cash and aren't investing in new tech you are taking a bigger risk than anything. They had ton of money never were willing to invest Quote
Teluguredu Posted January 13 Report Posted January 13 2 minutes ago, kevinUsa said: They had ton of money never were willing to invest They were just incompetent. Quote
akkum_bakkum Posted January 13 Report Posted January 13 Ratan thatha bathikunnaallu no layoffs....tcs ante govt job ane vallu...ippudu motham potharemo. Innovation reason aithe no Indian IT firm invested in R&D. Services company lo innovation endi....infy thatha always say work more kaani innovate and work smart ani eppudu seppadu. Quote
Moon_Walker Posted January 13 Report Posted January 13 28 minutes ago, akkum_bakkum said: Ratan thatha bathikunnaallu no layoffs....tcs ante govt job ane vallu...ippudu motham potharemo. Innovation reason aithe no Indian IT firm invested in R&D. Services company lo innovation endi....infy thatha always say work more kaani innovate and work smart ani eppudu seppadu. Innovation ane padam mana desi galla dictionary lo oka pedda boothu. Everyone is used to fleecing foreign clients as much as possible. Greed and Corruption is the hallmark of our people and we cannot think past it. 1 Quote
akkum_bakkum Posted January 13 Report Posted January 13 11 minutes ago, Moon_Walker said: Innovation ane padam mana desi galla dictionary lo oka pedda boothu. Everyone is used to fleecing foreign clients as much as possible. Greed and Corruption is the hallmark of our people and we cannot think past it. Cut to the chase, desis objective is money, it our main product...but for them, money is a byproduct of innovation. Anduke thinking lo intha vast difference 2 Quote
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