India's TCS layoffs are the first signs of AI disruption in the global outsourcing sector

Description

Tata Consultancy Services (TCS) last week announced plans to reduce its workforce by some 12,200 middle and senior management positions, around 2% of its total headcount, in what the company described as a response to skill mismatches. However, industry observers see the move as the opening salvo in a much broader, AI-powered campaign to streamline India’s $283 billion IT services sector. Mass layoffs at TCS signal sector shift With more than 613,000 employees before the cuts, TCS is India’s lar...