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
🚨‼️TCS layoffs herald AI shakeup of $283 billion outsourcing sector 📌 While TCS pegged the move to shed 2% of its workforce to skill mismatches, experts viewed the largest-ever layoffs, as the beginning of things to come in the labour-intensive sector.