India’s IT giant Tata Consultancy Services (TCS) recently created a stir in the tech industry by announcing layoffs affecting 12,000 employees, mainly from middle and senior management levels. The company stated that rapid technological changes — particularly in artificial intelligence (AI) and shifting operating models — were driving this decision. TCS CEO K. Krithivasan emphasized that employees need to adapt to this evolving landscape.
At the same time, Infosys released a announcement that comes as a relief to fresh graduates. Infosys CEO Salil Parekh revealed that the company plans to hire nearly 20 thousnad graduates this financial year. According to a report by the Times of India, Infosys is focusing strongly on AI and reskilling initiatives, and this large-scale hiring drive is part of that vision. Parekh explained that Infosys had already recruited over 17,000 freshers in the first quarter alone, and is on track to meet its 20,000 hiring target for the year. At a time when global IT markets face uncertainty, this announcement has given hope to young job seekers in India.
The CEO highlighted Infosys’ long-term strategy of building capabilities in AI and automation. He revealed that Infosys has already provided reskilling programs to 2,75,000 employees. With automation advancing, he said demand for high-level skills and expertise will only continue to rise. TCS’s massive layoff announcement has shaken market confidence and sparked discussions of a looming crisis in the IT sector. Experts point out that Indian IT companies have never witnessed job cuts on this scale before. According to NASSCOM’s latest assessment, the sector is headed for turbulent times due to factors like increased automation, changing client demands, and the push for faster delivery models.
Parekh also spoke about the impact of AI-driven automation on productivity, stating that coding productivity has already improved by 5–15%, while supervised automation can increase efficiency by up to 20%. On salaries, he clarified that the appraisal process for Q4 of the last financial year and Q1 of the current year has already been completed. Discussions are currently underway on the next cycle of pay hikes, and Infosys will announce details at the appropriate time.
✅ Summary:
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TCS cuts 12,000 jobs, mostly mid-to-senior management.
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Infosys plans to hire 20,000 graduates in FY25.
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Infosys focuses on AI, automation, reskilling (275K employees trained).
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AI-based automation boosts productivity by up to 20%.
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Infosys already hired 17K freshers in Q1 alone.
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Pay hike discussions are ongoing.
