TCS, HCLTech cut headcount in Q3
Tata Consultancy Services and HCL Technologies reported a decline in headcount in the December quarter due to restructuring and attrition. TCS released 1,800 employees as part of the process, while HCLTech saw an improvement in attrition trends. Both companies continue to invest in fresher hiring and focus on skill alignment, with a particular emphasis on AI and data skills.