So far in 2025, there have been 448 layoffs at tech companies with 131,857 people impacted, that is 602 people per day, according to TrueUp; The answer is reskilling and investing in upskilling to help transition into new roles and adapt to AI-driven changes, as OECD says
There is anxiety, there is pain, there are fears, all being expressed over various social media platforms over the Tata Consultancy Services (TCS) internally approving over 12,000 layoffs for FY26. The announcement is expected to impact 12,000 mid-and senior-level employees, which technically constitute “only about 2%” of the global workforce of the TCS. But TCS is a company considered an epitome of job stability, which is why it is a worrying signal for the IT sector and ‘regular’ tech engineers
According to analysts there had been signals with statements regarding “future of work being hybrid of AI and humans” and “reshaping workforce and future-proof operations”
Plus, TCS is a private company, free to take decisions that suit its future plans and growth, they add. Meanwhile, the company has announced wage hikes for 80% of its employees starting September 1, according to agency reports on Wednesday
Tech layoffs are for real
Mass layoffs have been happening in major tech firms like Microsoft, IBM, and Google, some directly linked to artificial intelligence-driven restructuring and development
According to Tech Layoff Tracker by Trueup, so far in 2025, there have been 448 layoffs at tech companies with 131,857 people impacted, that is 602 persons per day. In 2024, there were 1,115 layoffs at tech companies and 238,461 people impacted (653 people per day).
Time for reboot
It’s time for reboot for everyone, TCS’ layoffs are a wakeup call for “regular tech engineers or those thinking of pursuing career on traditional lines,” say experts
AI developments are impacting the job market with far-reaching consequences for countries and businesses, maybe what is also now required are new policies that allow these changes while addressing potential risks. This apart, new developments in AI can also lead to a demand for new skills and roles. The World Economic Forum claims that AI will create more jobs than it displaces.
The answer is reskilling and investing in upskilling to help transition into new roles and adapt to AI-driven changes, as Organisation for Economic Co-operation and Development says. OECD is an international organisation that works to promote policies that improve the economic and social well-being of people around the world.
Source – https://tehelka.com/ai-eating-jobs-why-tcs-layoffs-are-wakeup-call-for-regular-tech-engineers/