Skip to navigationSkip to content
LOGGING OFF

India’s IT giants are shedding thousands of jobs as they enter “survival mode”

An employee of Tata Consultancy Services (TCS) works inside the company headquarters in Mumbai
Reuters/Danish Siddiqui
Letting go.
From our Obsession
Future of work
Automation, remote work, AI, and the gig economy are all dramatically changing the nature of work.
Ananya Bhattacharya
By Ananya Bhattacharya

Tech reporter

Indian IT bigwigs have shed people in thousands in the last three months.

The staff headcount at the largest player in the sector, Tata Consultancy Services (TCS), fell by over 4,700 between March and June, when coronavirus started gripping the country. Rivals Infosys, Wipro, and Tech Mahindra, too, posted a decline in net employee headcount.

Overall, five of the biggest firms in the $200 billion industry lost nearly 11,000 employees.

Enrich your perspective. Embolden your work. Become a Quartz member.

Your membership supports a team of global Quartz journalists reporting on the forces shaping our world. We make sense of accelerating change and help you get ahead of it with business news for the next era, not just the next hour. Subscribe to Quartz today.

Start free trial
Log in

News of the moment that’s contextualized, digestible, and always global in perspective

Exclusive, deeply researched guides on what the economy’s next normal will look like

Master this transition in your work and personal life through direct access to our journalists and the rest of our community

こちらは英語版への登録ページです。
Quartz Japanへの登録をご希望の方はこちらから。