Under a strategy to reduce costs and leverage AI, major IT companies such as TCS, Microsoft, Google, Accenture, Wipro, HCL, Salesforce, and others have laid off a significant number of employees. 12,000 jobs at TCS, 11,000 at Accenture, and 24,516 at Wipro have been impacted. H-1B visas and automation have increased pressure on job security.
Layoffs: Due to the rapidly growing impact of AI and cost-cutting strategies, major IT and tech companies worldwide have undertaken large-scale layoffs. Companies in India and abroad, such as TCS, Microsoft, Google, Accenture, Wipro, HCL, and Salesforce, have removed thousands of employees from their jobs. 12,000 employees at TCS, 11,000 at Accenture, and 24,516 at Wipro were affected. The rise in H-1B visas and automation has increased pressure on job security.
12,000 Employees Laid Off at TCS
India's largest IT company, Tata Consultancy Services (TCS), has decided to eliminate approximately 12,000 jobs in the 2025-26 financial year. This number represents about 2 percent of the company's global workforce. TCS aims to focus on structural improvements amidst the increasing demand for AI and the changing business environment. The attrition rate for the April-June quarter stood at 13.8 percent, which is 0.5 percent higher than the same period last year.
Google Lays Off Employees in Design Department
Global search engine giant Google laid off 100 employees from its design department to focus on AI projects and infrastructure. The company stated that this move was made with the objective of reducing costs in other departments and promoting AI projects.
Wipro and HCLTech Situation
Wipro has not officially announced layoffs, but according to reports, the company has reduced 24,516 jobs. Meanwhile, HCLTech laid off approximately 8,000 employees in 2024 as part of its divestment and realignment process. The purpose of these changes is reportedly to make the organization more efficient and to control expenses.
Accenture Lays Off Over 11,000 Employees
Global IT giant Accenture has announced the layoff of over 11,000 employees. The company states that this move is part of structural improvements amidst the rapidly growing impact of AI. This is an effort to make operations within the organization more effective.
Large-Scale Layoffs at Salesforce and Microsoft
US-based cloud company Salesforce laid off approximately 4,000 employees from its customer support staff. Meanwhile, Microsoft cut around 4,000 jobs in its software engineering business and about 6,000 across the entire organization.
Layoffs at Other Companies
Cognizant laid off 3,500 employees to make the organization more efficient and accelerate work processes. IBM India also reduced approximately 1,000 job roles. Thus, wide-ranging changes are being observed across the IT and tech sectors.
Impact of AI and Global Pressure
According to experts, the proposed increase in H-1B visa fees in the US and the rapidly growing use of AI have put pressure on job security in the IT sector. Companies are now trying to reduce costs and increase work efficiency by using Artificial Intelligence. AI-based tools and automation are replacing employees, which is increasing organizational efficiency but also job instability for employees.
