HCLTech reported fourth-quarter FY26 revenue and profit that beat peers, but the company missed street estimates and sharply reduced its FY27 revenue guidance. The downgrade triggered a major selloff, with shares dropping over 10% on the National Stock Exchange. Despite the setback, the CEO said advanced AI services are expected to soften the revenue impact.
Infosys plans to hire around 20,000 freshers in FY27, even as its total headcount dipped and attrition eased in the March quarter. The company says this reflects a calibrated workforce strategy—reducing employment, adjusting its talent pyramid, and building capabilities for AI-led services. Revenue grew in Q4FY26, but FY27 guidance remains cautious as client decisions slow.
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