Artificial intelligence is poised to become one of the biggest growth drivers for the global technology services industry over the next decade, according to Infosys, which believes AI will complement rather than replace the role of IT services companies. The technology giant has projected that AI-related opportunities for the industry could reach as much as...
Tata Consultancy Services (TCS), India’s largest IT services provider, has announced plans to lay off around 12,000 employees, representing about 2% of its global workforce. This restructuring will mainly impact middle and senior-level roles as the company adapts to a new business model and focuses on becoming a future-ready organization. As of June 30, 2025,...