HCLTech ended the June quarter with 3,292 fewer employees, its sharpest quarterly headcount decline in a year, even as profit rose 20.3% and revenue climbed 14%.
John Dawber explains why India’s next advantage in global pharma will depend on specialised capabilities, cross-functional talent, human judgement and leadership, not scale alone.
FY26 disclosures point to a deeper workforce reset across private banking: fewer back-office and non-supervisory positions, alongside targeted hiring in AI, cloud, engineering and customer-facing roles.
The Reliance veteran succeeds Kiran Thomas and will continue as Managing Director of Reliance Jio Infocomm, bringing the group’s platform and telecom operations under closer leadership alignment.
India’s biggest FMCG companies took sharply different workforce paths in FY26, with HUL and Dabur reporting lower permanent headcount even as Tata Consumer and Marico expanded their employee base.
