Saturday, August 9, 2025

Experts say TCS' decision to cut 12K jobs signals the start of an AI-fueled trend that could eliminate ~500K jobs in India's $283B IT sector within three years (Reuters)

Reuters:
Experts say TCS' decision to cut 12K jobs signals the start of an AI-fueled trend that could eliminate ~500K jobs in India's $283B IT sector within three years  —  Indian outsourcing giant Tata Consultancy Services' (TCS.NS) decision to cut over 12,000 jobs signals the start of a broader AI-fueled trend …



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...