IT Hiring Slump: TCS, Infosys, HCLTech, Wipro & TechM Record 7,000 Net Job Cuts
India’s top IT services firms dialled back hiring in FY26, reversing the modest recovery seen a year earlier. Combined, Tata Consultancy Services, Infosys, Wipro, HCLTech and Tech Mahindra reported a net reduction of 6,981 employees during the fiscal. This compares with a net addition of 12,718 employees in FY25. TCS led the decline, cutting 23,460 roles…