Tata Consultancy Services (TCS) plans to cut 12,000 jobs, about 2% of its global workforce, in FY26 as part of a shift towards lean, AI-driven IT operations. The move is seen as a response to automation and artificial intelligence taking over routine tasks, particularly entry-level roles. Experts believe this signals a broader structural change in the industry, with companies focusing on retaining talent for more complex skills and redeploying employees to focus on high-value tasks.