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Monday, March 2, 2026

Tag: Indian IT industry

Claude AI Wipes $285B Off Software Stocks, Threatens Indian IT

Anthropic's new Claude Co-Worker AI triggers a massive market sell-off. Discover why Indian IT giants like TCS and Infosys are at high risk from automation.

TCS Layoffs: Over 30,000 Employees Exit in 6 Months

India's IT major TCS has reportedly laid off 30,000+ staff in six months linked to performance reviews. Get the full story and key details.

Zoho Execs: AI Hits Tech ‘Tipping Point’, Will Cut Jobs

Zoho executives warn AI has pushed tech to a productivity tipping point, leading to fewer jobs as tools make engineers dramatically more efficient.

Raghuram Rajan: US HIRE Act Bigger Threat Than H-1B Visa Hikes

Former RBI governor warns proposed US legislation could impose tariffs on outsourcing services, threatening India's IT sector and exports.

TCS Cuts 20,000 Jobs in Major AI-Driven Restructuring

India's largest IT firm TCS confirms 19,755 job cuts as AI adoption and global trade shifts transform the industry. Workforce drops below 600,000 for first time since 2022.