IIT placements 2026 are seeing record momentum on Day 1, with global recruiters including Amazon, Qualcomm and Nvidia pushing substantial compensation. The biggest buzz comes from proprietary trading firms and market makers offering packages above Rs 2.8 crore for Amsterdam-based roles, as algorithmic trading players intensify competition for top IIT talent.
India’s biggest IT services firm TCS cut 23,460 employees in FY26, taking its strength to 584,519. The company says restructuring is complete and it plans aggressive campus hiring, targeting about 40,000 freshers every year. Still, TCS is holding back on clearer FY27 hiring plans as global demand remains uncertain, despite no more layoffs for now.
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