IT
Big Tech continues to hire in India even as local majors downsize
Despite global layoffs, FAAMNG companies are expanding their India headcount, growing by 16% in the past year, driven by demand for AI, cloud, and cybersecurity skills. While Indian IT firms face workforce reductions due to skills mismatch, Big Tech's India-based global capability centers are increasing hiring for high-end work and innovation.
TCS skips labour ministry meet, reaffirms it will honour job offers in written reply
TCS skipped a scheduled meeting with the Chief Labour Commissioner on Friday but sent a written response via email. The company added that deferrals are a common practice in the IT industry, especially amid shifting project timelines.
Capgemini India to hire up to 45,000 in 2025; focus on AI-ready workforce
Chief executive officer Ashwin Yardi said that as the IT services major’s clients look to cut costs and improve efficiency, India becomes an increasingly attractive delivery base. This demand is expected to contribute positively to the company’s overall revenue, he added.
IT sector hiring down 1% YoY in July; AI, ML see continued surge at 41%: Naukri JobSpeak report
India’s IT sector saw a 1% YoY dip in hiring activity in July, according to Naukri’s JobSpeak report, marking a slowdown from June’s 5% growth. However, demand for roles in artificial intelligence and machine learning remained strong, showing stability despite the broader decline in tech recruitment.
GenAI productivity gains threaten up to 15% IT revenues: Motilal Oswal
Per the report, pricing, client behaviour, and GenAI transition are impacting IT company margins. This could be the beginning of a painful realignment. Vendors will need to search for different pricing and delivery models to cope with the situation.
Summoned TCS for consultation on layoffs: Karnataka minister Santosh Lad
The minister said that the department called TCS officials just to have consultation to know the reason for recent layoffs. Additionally, he said sunrise industries have been exempted from labour laws but there are conditions attached.
Mastek not looking at any staff reduction; attrition has reduced workforce: CEO
The company has seen a reduction in the overall staffing to 4,800 from 5,500 a year-ago due to attrition and has not replaced many of the roles, its chief executive Umang Nahata said.
Cognizant says hiring targets for this year progressing on track
Cognizant's total headcount stood at 343,800 as on June 30, 2025. The company, which follows the January-December as its fiscal year, added 7,500 employees on an aggregate basis in the first two quarters this year.
Cognizant posts 14% increase in Q2 profit to beat own estimate, raises full-year guidance
Cognizant exceeded its Q2 2025 revenue expectations, reporting an 8.1% YoY increase to $5.25 billion, alongside a 13.9% profit growth. This growth was fueled by strong performance across geographies and verticals, despite a slight contraction in health sciences. The company has revised its full-year revenue guidance upwards, anticipating contributions from recent acquisitions and a surge in AI-driven projects.
Indian IT sector not directly hit by US tariffs, yet ripple effects could be substantial: EY India
Companies that pivot to hybrid delivery models, diversify geographically, and embed AI at scale will be better positioned, not just to weather demand volatility, but to lead in an increasingly fragmented and uncertain global landscape, Nitin Bhatt, technology sector leader at EY India pointed out.
