Infosys: 26,000 jobs cut

Eliminated 26,000 positions in fiscal 2024 as AI and automation reshaped IT services industry. Over 300 enterprise-grade AI agents deployed delivering 5-15% productivity gains. There is strong evidence linking these cuts to AI adoption, with company leadership referencing automation and efficiency gains in public statements. Of the 26,000 total positions affected, our methodology estimates that approximately 19,500 roles (75%) are attributable to AI-driven changes.