IT layoffs rise, firms spin job cuts as ‘restructuring'

Recently, India's largest IT services company TCS "released" one per cent or 6,000 people from workforce as part of a restructuring exercise.

The top IT companies have been shrinking and labelling the "inevitable layoffs" as "restructuring, AI-driven transformation, workforce optimisation, or organisational agility."

In Q2 FY26, TCS lost over 19,700 employees the addition of new employees across five firms, Infosys, HCLTech, Wipro, and Tech Mahindra and TCS, was just 2,686 employees.

As per news reports, the hiring has plunged 79.25 per cent compared tp H1FY25.

However, amid IT layoffs, Infosys has added 8,203 employees in July-September, 2025. As of September 30, 2025, Infosys' total employee headcount stood at 3,31,991.