The Maharashtra government informed the state legislative council on 9 December that Tata Consultancy Services had let go 376 workers from its Pune campuses during the first two quarters of the current fiscal year. Following enquiries from lawmakers who referenced news reports indicating widespread layoffs at the IT services company,
Following regulatory approvals, the $375 million purchase of HARMAN's Digital Transformation Solutions (DTS) business unit by IT services provider Wipro was finalised on 2 December, the firm announced. According to a statement from the Bengaluru-based IT company, the DTS acquisition was announced on August 21, 2025, and if
SAP and Tata Consultancy Services (TCS), a leading provider of IT services, have inked a five-year agreement to upgrade SAP's enterprise-wide cloud and generative AI operations. The deal's value was not revealed. TCS will assist SAP in simplifying its intricate IT environment, facilitating smooth IT operations,
One of HP's largest reorganisation initiatives in recent memory is about to begin. As part of a comprehensive cost-cutting initiative designed to make the company leaner and more competitive in the era of artificial intelligence, the computer and printer giant revealed intentions to eliminate between 4,000 and
The IT sector is still feeling the effects of Amazon's largest layoffs in its history. The people who seem to be suffering the most are engineers. Nearly 40% of the 4,700 verified job layoffs in places including New York, California, New Jersey, and Washington involve engineering positions,
Due to a sharp dip in second-quarter revenue, which was mostly brought on by Microsoft Corp. selling its software licences directly to major clients, Sonata Software Ltd. has fallen two spots in the Indian IT hierarchy. Previously, over 60% of Sonata's revenue came from this type of software
Infosys issued incentive letters to workers at various job levels on Friday, announcing its most recent round of performance-linked bonuses for the September quarter. An average bonus of 75% of the eligible or goal amount for the period has been given by the Bengaluru-based company, which is also the second-largest
The Tata Consultancy Services (TCS), India's leading IT company, has been issued a notice by the Labour Commissioner’s Office in Pune following several months of employee layoffs as the company prepares to reduce its workforce by 2%. Following several complaints from the Nascent Information Technology Employees Senate
According to its Executive Vice President and MD (South Asia), Arun Kumar Parameswaran, the US-based IT company Salesforce, which has seen a multi-fold increase in both business and investment, will keep investing and expanding in India because the nation has the proper talent pool. With its initial centre of excellence
According to data from Layoffs.fyi, the IT industry's major layoff wave has gotten worse in 2025, with over 1,000,000 workers losing their employment at 218 organisations so far. After years of overexpansion during the pandemic, tech firms from Bengaluru to Silicon Valley are reducing workers
In a regulatory statement on October 14, IT giant Infosys declared that it has won a £1.2 billion (about INR 14,137 crore) contract from the NHS Business Services Authority (NHSBSA) to provide a new workforce management system. The current Electronic Staff Record (ESR) system will be replaced with
As the Indian IT giant reduces people in response to changing customer demands and increasing automation, IT juggernaut Tata Consultancy Services (TCS) is providing severance compensation of up to two years' salary to long-serving employees whose skills no longer match corporate needs. In an effort to become more flexible
According to Business Insider, former Google CEO Eric Schmidt has expressed concerns about the expanding trend of flexible employment once more, stating that it may be eroding the tech industry's competitive advantage. Schmidt said in an interview with the "All-In" podcast that working from home hinders
According to sources cited by Reuters, the tech consulting business Accenture has revealed plans to open a new campus in the southern Indian state of Andhra Pradesh. Over time, the company hopes to add some 12,000 new jobs to its Indian workforce. Moreover, over 300,000 of Accenture'
Tata Consultancy Services (TCS), the biggest IT business in India, announced its most recent round of pay increases on September 2. According to news agency PTI, the increases would range from 4.5% to 7% for the majority of its employees. Employees of the Tata Group company began receiving letters
On August 21, Wipro, the Bengaluru-based IT business said that it would pay up to $375 million to Harman International Industries for a 100% stake in Harman Connected Services Inc. (DTS) and its subsidiaries, as well as some other assets. Subject to US antitrust clearances and other regulatory approvals, the
According to a New Indian Express story, the Union of IT & ITES Employees (UNITE) protested Tata Consultancy Services (TCS) on 19 August in a number of Indian cities, claiming that almost 30,000 workers may be impacted by current layoffs. TCS, however, has denied the allegation, stating that the
Approximately 10% of Oracle's Indian workforce was let go by the American computer giant, Oracle, overnight, leaving dozens of talented individuals without jobs. Although the business has officially stated that the cuts were due to "restructuring", industry observers are connecting the action to a change in
Microsoft may soon ask workers to spend more time in the office as it prepares to tighten its hybrid work policies. A Business Insider story claims that the tech giant intends to implement a new attendance requirement as early as January; however, specific dates may differ depending on where its
TCS has announced a salary hike for approximately 80% of its employees, primarily from fresher to mid-level roles, starting September 1, 2025. This comes amid a challenging business climate and a planned layoff of around 12,000 senior staff.
As part of a significant reorganisation, ClearTax has laid off 25% of its workforce, with new hires being among the most affected. Two months after being employed in June, the software developers were let go on August 1st, according to multiple “OpenToWork” and “LaidOff” profiles on LinkedIn. IIT Graduates Laid
This year, Capgemini India expects to hire between 40,000 and 45,000 people, despite mounting concerns about hiring in the information technology (IT) sector. Between 35 and 40% of these will be lateral hiring, CEO Ashwin Yardi told the Hindu Business Line. The number of projects being routed to
Tata Consultancy Services, the biggest provider of IT services in India, announced on 27 July that it will cut 2% of its personnel in its 2026 fiscal year, mostly affecting middle and senior management. About 12,200 positions will be lost as a result of the company's retraining
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Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on. Mphasis Group, a global, multicultural organization headquartered in Bengaluru, India, specializes in providing a suite of application development and