K Krithivasan, the CEO of TCS, stated this month that client decision-making and project start times were delayed.
Tata Consultancy Services, the biggest provider of IT services in India, announced on Sunday that it will cut 2% of its workforce in its 2026 fiscal year, mainly affecting middle and senior management.
About 12,200 jobs will be lost as a result of the company’s retraining and redeploying of employees as it expands into new markets, makes investments in new technology, and uses artificial intelligence, according to the company.
The business also stated, “This transition is being planned with due care to ensure there is no impact on service delivery to our clients.”
Due to low demand, ongoing inflation, and lingering uncertainty over US trade policies, clients have been reluctance to spend money on non-essential technology, which has caused India’s $283 billion IT sector to struggle.
K Krithivasan, the CEO of TCS, stated this month that client decision-making and project start times were delayed.
 K. Krithivasan (CEO of TCS) ill cut he workforce/jobs will be lost Retraining and redeploying employees Expands into new markets Makes investments in new technology Uses artificial intelligence Client decision-making delayed the cutting of 2% of the workforce. 12,200 jobs will be lost 2026 fiscal year (when the cuts will happen) The size of India's IT industry is $283 billion.){kind=link}