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    • Oracle layoffs: Budget squeeze hits workforce; Cerner healthcare unit among worst affected

      Moneycontrol spoke to several Oracle employees across the country, who said teams were asked to meet specific budget cuts rather than reduce a fixed percentage of workforce.

    • They paid for jobs that never came: Inside Pune’s IT hiring racket

      Hundreds of IT professionals face an uncertain future as their work experience is deemed invalid, while empty provident fund accounts complicate background checks

    • 'I’ll never move there': Engineer turns down Rs 35 LPA job offer over Bengaluru relocation

      A techie recently shared on X that he turned down a Rs 35 LPA job offer because it required relocating to Bengaluru. The post quickly went viral, with users offering mixed reactions

    • Budget 2026: IT/BPM wants clarity on labour codes, bigger push on AI, skilling

      The industry’s message to the government ahead of Budget 2026 is clear: fix what slows companies down, and back what helps them scale.

    • HCLTech headcount slips by 261 in Q3FY26 despite fresher hiring

      The Noida-headquartered company reported a net reduction of 261 employees during the quarter, taking its total employee base to 2,26,379 at the end of Q3FY26.

    • TCS headcount falls by 11,151 in Q3FY26 as restructuring continues

      Nevertheless, restructuring expenses fell sharply in Q3, declining by over 77% QoQ to Rs 253 crore, indicating a tapering of one-time costs linked to the company’s ongoing workforce realignment.

    • Q3 results: From muted growth to AI deflation, 5 factors to watch out for in IT earnings

      With seasonal headwinds clouding reported numbers, investors are likely to look past the quarter and focus on management commentary around CY26 budgets and AI monetisation timelines

    • LTIMindtree will stop filing fresh H1-B visa applications: CEO Venu Lambu

      Lambu said the impact on LTIMindtree's onsite delivery model will be limited because the company has already reduced its dependence on H-1B over the last few years and built a strong local hiring engine in the US.

    • Chart of the Day | IT sector continues to navigate uncertainty

      Gartner predicts that by 2026, global spending on software incorporating generative AI will actually surpass spending on traditional software without AI capabilities

    • Cognizant seeks dismissal of Infosys counterclaims in TriZetto fight

      The Teaneck-headquartered company has also asked the court to pause all antitrust-related discovery by Infosys until its dismissal plea is decided.

    • Doing more with less: AI rewrites the operating model of Indian IT

      Strategy has shifted to AI factories, agentic systems, and platform-infused engineering. And executives speak of productivity gains rather than fresher hiring now.

    • H-1B shift shows Trump moving from ideology to pragmatism, analysts say

      Industry watchers say India’s IT sector remains largely unfazed as US visa restrictions tighten, with firms already localising hiring and reducing dependence on H-1Bs.

    • Happiest Minds says demand environment stable as digital, AI programs continue

      Clients shift from pilots to production as tech spending focuses on efficiency and measurable outcomes.

    • Quess sees ‘green shoots’ in IT staffing during September quarter as select hiring mandates open

      The demand is primarily in AI, cloud transformation, cybersecurity, enterprise platforms and SAP HANA upgrades, tied to ongoing technology modernisation in global enterprises.

    • Cognizant calls time on the IT era, bets future on AI built delivery

      The firm continues to lean heavily on fresher hiring, targeting 20,000 campus recruits this year, while moving delivery towards AI-assisted development workflows.

    • Cognizant posts strongest sequential growth since 2022, raises full-year guidance to 6-6.3%

      CEO Ravi Kumar S said that over 30% of the company’s code is now being generated by AI, improving developer productivity and enabling larger fixed-price deals.

    • Our US workforce requiring sponsorship for immigration is a minority: Infosys CEO on H-1B visa

      In January, the Bengaluru-headquartered firm announced that it had significantly reduced its reliance on H-1 B visas, as over 60 percent of its US workforce is now comprised of locals.

    • Wipro's headcount increases by 2,260 employees in Q2FY26

      Wipro onboarded about 2,900 freshers during this quarter despite lower attrition in the previous quarter and better utilisation, said chief human resource officer Saurabh Govil during the company's second-quarter earnings conference.

    • Wipro says H-1B visa fee hike has no impact as 80% of US workforce are locals

      Wipro’s stance mirrors that of its peers. Last week, Tata Consultancy Services (TCS) said it has 'significantly reduced its dependency on H-1B visas', with only around 500 associates travelling to the US on new visas in the past year.

    • Infosys headcount increases by 8,203 in Q2FY26

      Jayesh Sanghrajka, CFO, Infosys shared that the company has hired around 12,000 freshers as of H1, and is on track to onboard 20,000 freshers for the full year of FY26.

    • Labour Standing Committee member urges labour, IT ministers to act on TCS layoffs

      Singh suggested the actual figure appears much higher, characterising this as part of a wider trend where profit is prioritised at the cost of workers' livelihoods.

    • TCS offers up to 2 years’ severance pay amid workforce restructuring

      Employees who have been unallocated or “on the bench” for over eight months without finding a suitable role are offered a simpler package, consisting of notice period pay equivalent to three months.

    • Capgemini names Sanjay Chalke India CEO as Ashwin Yardi retires

      Ashwin Yardi, who has led Capgemini in India for seven years, will retire from executive duties at the end of December.

    • TCS layoffs leave employees facing uncertainty and anxiety

      TCS told Moneycontrol that speculations around a higher number of layoffs are incorrect and misleading, adding that the impact is limited to 2% of its workforce.

    • Accenture sees 'opportunity' in H-1B visa changes, impact limited to only 5% of US workforce

      CEO Julie Sweet said every time there’s a big policy change, unfolded over decades, it has usually driven more business for the company.

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