AI & Jobs

#india-it · How AI Is Reshaping Work

Tracking how AI is reshaping roles, departments, and industries — updated daily.

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Freshworks Q1: 「Over Half Our Code Is AI」, 500 More Out, $228M Quarter Up 16% — The Second 11% Cut In 18 Months

Freshworks reported $228.6M Q1 revenue (+16% YoY), then announced cutting 500 employees (~11%). CEO Dennis Woodside: 「over half of our code originates in AI today」. Same percentage cut as November 2024.

May 6, 2026

#freshworks#dennis-woodside#ai-coding

AI & Jobs

India's Top 5 IT Firms Just Posted Their First Net Headcount Decline in a Decade. TCS Alone Cut 12,000 in FY26.

On April 25, IANS reported that the combined headcount of TCS, Infosys, HCLTech, Wipro and Tech Mahindra fell by 7,389 in FY26 — versus a net add of 12,718 last year. The offshore-coding pipeline that was supposed to absorb US tech displacement is itself contracting.

Apr 27, 2026

#tcs#infosys#india-it