Key Points: TCS workforce reduction continued in Q3 FY26 with 11,151 job cuts, taking total headcount decline to over 30,000 in two quarters. Taken together, the TCS workforce reduction amounts to more than 30,000 employees over the past two quarters. The sharp pullback in the September and December quarters points to a more decisive shift in workforce strategy behind the ongoing TCS workforce reduction. The company added that it has doubled its intake of fresh graduates with higher-order skills, even as overall headcount declines following the ongoing TCS workforce reduction. Total cost of revenue declined to 59.2% from 60.4%, reflecting the impact of the TCS workforce reduction.

Source: Mint January 13, 2026 05:57 UTC