TCS headcount drops by over 11,000 in Q3 FY26, ‘layoffs’ to continue amid AI push
Tata Consultancy Services is set to continue its ‘restructuring efforts’ during the final quarter of FY26 — after headcount dropped by more than 11,000 people during Q3FY26. The details came amid growing allegations of forced resignations, inadequate compensation from former employees and multiple legal complaints over the layoffs.
The IT giant posted a revenue marginally above estimates on AI-driven demand earlier this week. Revenue from its key North America market registered growth for the first time in two years, while net profit dipped13.91% to Rs 10,657 crore after taking a one-time hit from the implementation of new labour codes.
