TCS Layoffs: AI, Oversupply, Shift In Demand — Industry Experts Decode Reasons Behind IT Sector Job Cuts

Layoffs in the IT sector are reportedly due to oversupply and the shift towards artificial intelligence, said industry experts, following the recent job cut announcements by sectoral giants TCS and Intel. Harpreet Saluja, president of Nascent Information Technology Employees Senate, said, "Though it is a private limited company, labour laws are applicable to private organisations as well.