Try GOLD - Free
AI-led disruption may trigger more layoffs: Nasscom
Financial Express Pune
|July 30, 2025
Inflection Point
FOLLOWING TCS' ANNOUNCEMENT of laying off 2% or 12,000 of its workforce, IT industry body Nasscom said more workforce transitions are likely across the sector as companies shift to AI-powered, product-centric delivery models.
In a statement, the association said that as enterprises accelerate their adoption of artificial intelligence (AI), legacy delivery structures, and the roles tied to them, are being reassessed.
In the near term, this evolution could lead to further job rationalisation, particularly in functions that are no longer aligned with the emerging digital-first mandates.
This story is from the July 30, 2025 edition of Financial Express Pune.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Pune
Financial Express Pune
Gaming gets real with AI
WE ALL KNOW the differences between the main character and the sidekick in a movie.
2 mins
January 08, 2026
Financial Express Pune
Govt to rev up auto parts sector with ₹5K-cr push
Scheme to focus on export-oriented, high-value gear
1 min
January 08, 2026
Financial Express Pune
B’desh talks defence deal with Pakistan
THE AIR FORCE chiefs of Pakistan and Bangladesh held talks on a potential pact covering the sale of JF-17 Thunderfighter jets to Dhaka, Pakistan’s military said, as Islamabad widens its arms supply ambitions and beefs up ties with Bangladesh.
1 min
January 08, 2026
Financial Express Pune
Warner Bros turns down revised Paramount bid
WARNER BROS DISCOVERY'S board has unanimously turned down Paramount Skydance’s latest attempt to acquire the studio, saying its revised $108.4 billion hostile bid amounted to a risky leveraged buyout that investors should reject.
1 min
January 08, 2026
Financial Express Pune
Rising rivals give Trent a $20-bn deep cut
· Tata Group firm shares down nearly 40% last year
1 mins
January 08, 2026
Financial Express Pune
Bigger is better — a clear message from IPO mkt
INDIA'S PRIMARY MARKET (IPO) in 2025 has sent a clear message - bigger is better, at least for investors looking for meaningful listing gains and sustained post-listing performance.
2 mins
January 08, 2026
Financial Express Pune
Coping with CBAM
EXPORTERS, INDUSTRY BODIES, AND GOVT MUST ACT TOGETHER TO ENSURE COMPETITIVENESS
4 mins
January 08, 2026
Financial Express Pune
Titan eyes leadership in lab-made diamonds
TATA GROUP FIRM Titan is aiming for the 'pole position' in the lab-grown diamond (LGD) category with its brand beYon, MD Ajoy Chawla said in an investor call on Wednesday.
2 mins
January 08, 2026
Financial Express Pune
When ease of doing business aids tunnelling
When promoters are unchallenged and minority investors lack strength, materiality thresholds become the only reliable brake on tunnelling
3 mins
January 08, 2026
Financial Express Pune
Incubation, rewired
ATAL INCUBATION CENTRES BECOME SECTOR-SPECIFIC TO PROVIDE TARGETED SUPPORT
3 mins
January 08, 2026
Listen
Translate
Change font size