AI Summary
Tata Consultancy Services (TCS) is cutting over 12,000 jobs, a move experts believe signals a broader AI-driven trend in the outsourcing sector. This could lead to the elimination of up to 500,000 jobs over the next few years. While TCS attributes the layoffs to skill mismatches, experts see it as the beginning of AI-related job displacement. The most vulnerable roles are those in management, testing, and user experience, as AI takes over these tasks. This shift necessitates reskilling for employees to remain competitive in the evolving job market.
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