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The Latest Breaking News from TeamLease

120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be next

Global technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automating tasks, even while reporting strong revenues. India's IT sector faces potential job losses as companies redesign their operational strategies. Fresh graduates are experiencing delayed onboarding and withdrawn job offers from major tech…

The Economic Times

India hiring tilts toward contracts as AI prompts workforce rethink, TeamLease says

Indian firms are shifting to contract and outsourced hiring. This change comes as companies reassess their workforce needs due to AI automation. Many organizations expect AI-related roles to dominate their future strategies. Demand for specialized tech talent, especially in cybersecurity with AI skills, is growing. Companies are willing to pay…

The Economic Times

Teamlease board approves share buyback worth Rs 238 crore; to buy over 14.87 lakh shares via tender offer route

Teamlease Services approved a share buyback of 14.87 lakh shares worth ₹238 crore at ₹1,600 per share via a tender offer, aiming to boost stock performance. The company also reported Q4 FY26 earnings: net profit grew 26% YoY to ₹44 crore, with revenue rising to ₹2,925 crore, alongside 109 new…

The Economic Times

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IITs open doors for students studying in Tier-2, Tier-3 town colleges

Five IITs — Ropar, Guwahati, Mandi, Patna and Kanpur — are now set to change this notion.

The Hindu

Andhra Pradesh: APSCHE, TeamLease sign MoU on student apprenticeship

VIJAYAWADA

The Hindu

Hybrid work model catching on in India

Only 5% of respondents intend to work in virtual mode

Organisations

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