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HCLTech Q1 FY27 Results: Fewer Employees, Higher Profits
Employment

HCLTech Q1 FY27 Results: Fewer Employees, Higher Profits

HCLTech reported a decline in its workforce during the April–June quarter (Q1 FY27), even as it delivered strong financial results and maintained its full-year growth guidance. The company’s total headcount stood at 223,889 as of June 30, 2026, following a net reduction of 3,292 employees during the quarter. Alongside its quarterly results, HCLTech announced plans […]

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TCS Wins Multi-Million ABB Deal, Fuels AI Talent Demand
Partnership

TCS Wins Multi-Million ABB Deal, Fuels AI Talent Demand

Tata Consultancy Services (TCS) has announced the expansion of its strategic partnership with ABB through a multi-million, multi-year deal to transform the global technology leader’s network operations. The agreement marks the next phase of a trusted relationship spanning more than two decades. Under the expanded engagement, TCS will transition from managing ABB’s IT infrastructure and […]

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HDFC Bank Cut 3,343 Jobs—but That’s Only Half the Story
Employment

HDFC Bank Cut 3,343 Jobs—but That’s Only Half the Story

India’s largest private sector lender, HDFC Bank, has reported a reduction of 3,343 employees during FY26, signalling a shift in workforce strategy as the bank accelerates technology-led transformation. However, the country’s largest private sector lender has clarified that technology is not being deployed to replace employees but to enhance productivity and create opportunities for people […]

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EPFO Launches a Scheme to Resolve Long-Pending PF Disputes
EPFO

EPFO Launches a Scheme to Resolve Long-Pending PF Disputes

The Employees’ Provident Fund Organisation (EPFO) has launched VISHWAS 2026, a one-time settlement scheme that allows eligible establishments to resolve disputes related to damages levied for delayed payment of provident fund (PF) contributions. The initiative provides a six-month window for eligible establishments, subject to the scheme’s conditions. The move is expected to reduce prolonged litigation, […]

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Adani Green Energy Appoints Poly Singh Arora as Chief People Officer
Appointments

Adani Green Energy Appoints Poly Singh Arora as Chief People Officer

Adani Green Energy Limited (AGEL) has appointed Poly Singh Arora as its Chief People Officer (CPO). In her new role, she will lead Adani Green Energy’s people strategy, driving talent acquisition, leadership development, organizational culture, workforce transformation, employee engagement, and capability building to support the company’s long-term growth and clean energy ambitions. Extensive Experience Poly […]

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SV Nathan Bids Farewell to PwC Acceleration Centres India
Appointments

SV Nathan Bids Farewell to PwC Acceleration Centres India

Veteran HR leader SV Nathan has announced his departure from PwC Acceleration Centres, concluding his tenure as Country Leader after the completion of his contract. He shared the update through a reflective LinkedIn post titled “Al Vida”, expressing gratitude for his experience at the organisation and the relationships he built during his time there. Nathan […]

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Microsoft Issues Clarification on Recent Layoffs, H-1B Visa Claims
Industry

Microsoft Issues Clarification on Recent Layoffs, H-1B Visa Claims

Microsoft has dismissed claims linking its recent layoffs to the H-1B visa programme, clarifying that the majority of employees affected by the latest workforce reduction were not based in the United States. The clarification follows widespread speculation on social media after the tech giant announced plans to eliminate around 4,800 jobs globally, or nearly 2.1% […]

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TCS Redraws Leadership Map to Win the Next Wave of AI Deals
C-Suite Move

TCS Redraws Leadership Map to Win the Next Wave of AI Deals

Tata Consultancy Services (TCS) has announced its biggest leadership reshuffle in three years, reorganising several senior leadership roles and creating new business units as the company positions itself to capture growing opportunities in artificial intelligence (AI)-led enterprise transformation. The restructuring spans multiple business verticals, including banking, financial services and insurance (BFSI), cybersecurity, communications and media, […]

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TCS to Build FDEs Team, Explore Acquisitions in AI and Cybersecurity
Hiring

TCS to Build FDEs Team, Explore Acquisitions in AI and Cybersecurity

Tata Consultancy Services (TCS) is stepping up its artificial intelligence (AI) strategy by planning to build a team of up to 8,900 forward-deployed engineers (FDEs) while also evaluating acquisitions in AI, data security, and cybersecurity. The move signals the IT giant’s confidence that AI will create new business opportunities rather than diminish the traditional IT […]

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TCS Revamps Salary Structure; Here’s What HR Said in Q1 FY27
Compensation

TCS Revamps Salary Structure; Here’s What HR Said in Q1 FY27

Tata Consultancy Services (TCS) has revised the salary structure of its India-based employees to align with the requirements of the country’s new labour code, marking a significant shift in how employee compensation is structured. While the overall Cost to Company (CTC) remains unchanged, the restructured salary components are expected to influence employees’ monthly take-home pay […]

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Cognizant has unveiled plans to ramp up its AI talent strategy
Artificial Intelligence

Cognizant has unveiled plans to ramp up its AI talent strategy

Cognizant is ramping up its artificial intelligence talent strategy, announcing plans to scale its frontier-certified engineers to 5,000 and frontier business operators to 10,000 as enterprises accelerate AI adoption. The company said its first batch of frontier-assessed and deployment-ready engineers will be unveiled in the fourth quarter of 2026. It also plans to strengthen its […]

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