🇮🇳 India Miscellaneous🌐 Global
TCS Chairman Says No Layoffs Coming, But Mass Campus Hiring May End
Times of India·Tuesday, 9 June 2026
TCS Chairman N Chandrasekaran confirmed the company has no plans to lay off employees and will continue hiring. However, he indicated that large-scale campus hiring may stop. He said AI revenues are nearing $2.5 billion annually and projected AI could account for 100% of revenue by 2028–2030.
Why It Matters
TCS is one of India's biggest private employers, so its hiring decisions affect lakhs of engineering graduates and working professionals. The shift away from mass campus recruitment is a signal every student and job-seeker should hear.
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