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Even as top line growth holds steady, IT giants such as TCS, Infosys and Wipro are shedding jobs, signalling a shift to ...
Happy Tuesday! After announcing over 12,000 layoffs, TCS now plans to pause senior hiring and annual appraisals. This and ...
In contrast, mid-sized Indian IT firms are more focused, more agile, and more realistic about their strengths. This pivot began last year when firms like LTIMindtree invested in startups like Voicing ...
Similarly, LTIMindtree’s new boss, Venu Lambu, during the company's earnings call, said that the focused approach to ...
TCS share price fell to Rs 3,047.40 on July 29, hitting a 33-month low after announcing layoffs of 12,260 employees. Stock ...
TCS laid off over 12,000 employees, while Infosys has drastically slowed down fresher onboarding and Wipro is also trimming ...
The Indian IT sector is reshaping its workforce, with reduced fresher hiring and slower revenue conversion, as AI and evolving client needs disrupt traditional models ...
Experts say the fact that TCS — historically seen as one of the most stable employers — has taken this step signals a broader ...
Mansi Patel says the current market correction is driven more by macro headwinds than earnings. She views it as a healthy ...
Shares of Mazagon Dock Shipbuilders are also on traders’ radar after the state-run defence PSU posted a 35 per cent YoY ...
Sensex drops 572 pts, Nifty down 156 as TCS layoffs and Kotak Bank's weak Q1 results trigger IT and banking sector sell-off.
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