Is India’s IT Sector reading the AI shift correctly?

On April 30, Infosys CEO Salil Parekh ruled out layoffs and confirmed plans to onboard 20,000 freshers this financial year, suggesting that AI is expanding the work rather than shrinking it. The same week, TCS confirmed that its workforce had reduced by roughly 24,000 in FY26, with another 12,500 transitions still to come. Bernstein, the global research firm, has called this a deepening employment crisis in an open letter to the Prime Minister. Both companies are looking at the same AI shift and arriving at very different conclusions. For three decades, an Indian engineering degree came with a campus offer, a city, a slow but real climb. As that promise gets rewritten, what feels missing in both readings is the bridge — the careful, structured way people are meant to get from one version of work to the next. Right now, that transition seems to be left to each individual to figure out on their own. News Source: CNBC, Business Today

News Source: CNBC, Business Today