TCS Says AI Agents May Match Employee Headcount: Impact on IT Jobs and Hiring India's largest IT services company, Tata Consultancy Services (TCS), has offered a glimpse into the future of work—and it is powered by artificial intelligence. Speaking at the company's annual general meeting, TCS Chairman N. Chandrasekaran said the day is not far when the company could have as many AI agents as human employees. With TCS employing around half a million people, the statement highlights the scale at which AI is expected to transform the global technology workforce. The announcement comes at a time when businesses worldwide are rapidly adopting AI tools to improve productivity, automate routine tasks, and reduce operational costs. AI to Slow Hiring, Not Replace Employees Despite concerns about job losses, Chandrasekaran emphasized that TCS does not intend to reduce its workforce through large-scale downsizing. Instead, the company expects hiring growth to slow as AI agents take over ce...