IT majors report muted FY26 hiring; workforce shrinks 7,389

TCS, Infosys, HCLTech, Wipro, and Tech M report muted hiring for FY26 with overall workforce shrinking by 7,389 employees. This indicates cautious talent strategy amid demand uncertainty in the IT services sector. The muted hiring reflects slower growth expectations and potential client spending constraints. Traders should monitor Q4 FY25 results for revenue guidance and margin trends.

📊 STOCKS: $TCS | $INFOSYS | $HCLTECH | $WIPRO | $TECHM | 🏢 SECTOR: IT | #MEDIUMIMPACT #hiring