US's 25% tariffs to hit IT sector? Workforce, input costs in spotlight – what EY analysis says
EY India warns that US tariffs, though not directly impacting Indian IT, could trigger spending cuts by US firms. This coincides with existing economic uncertainties and AI's rise. TCS plans a 2% workforce reduction, framing it as a future-readiness strategy. Single-digit revenue growth was recorded by major IT firms in Q1FY26.
EY India warns that US tariffs, though not directly impacting Indian IT, could trigger spending cuts by US firms. This coincides with existing economic uncertainties and AI's rise. TCS plans a 2% workforce reduction, framing it as a future-readiness strategy. Single-digit revenue growth was recorded by major IT firms in Q1FY26.
