milind lakkad

IT major Tata Consultancy Services reported a net fall of 5,680 employees in headcount in the third quarter (Q3) of FY24 taking the overall headcount to 603,305 as on December 31, 2023. The headcount in the December quarter fell by 10,669 compared to the year-ago period.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Senior Management ProgrammeVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIM LucknowIIML Executive Programme in…

India’s top two IT majors Tata Consultancy Services and Infosys reported a dip on the hiring front in the fiscal third quarter. Together, the companies reported a decrease in headcount by 11,781 over the fiscal third quarter. Last quarter, the two companies reported a sequential headcount dip of 13,863. In the third quarter of this fiscal, TCS’ headcount reduced by 5,680 sequentially, while Infosys’ headcount dipped by 6,101. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD…

Tata Consultancy Services (TCS) feels generative artificial intelligence platforms like ChatGPT will create an "AI co-worker" and not replace jobs. Milind Lakkad, the chief human resources officer (CHRO) of the country's largest IT services firm that employs over 6 lakh people said such tools will help improve productivity, but not change the business models for companies. "..it (generative AI) will be a co-worker. It will be a co-worker and that co-worker will take time for them to understand the context of the…