Chandrasekaran says TCS has seen the worst; AI to reshape workforce
BENGALURU, June 9 -- Tata Consultancy Services Ltd (TCS) has seen the worst of its recent slowdown and expects artificial intelligence to drive its next phase of growth, chairman N Chandrasekaran said Tuesday, outlining a future in which the country's largest technology-services company could eventually deploy as many AI agents as employees.
The comments, made at TCS's 31st annual general meeting (AGM), came as shareholders pressed management on the company's share-price performance and the impact of AI on jobs, growth and the broader technology-services industry.
Addressing concerns over the company's recent performance, Chandrasekaran argued that technology disruptions have historically weighed on growth, investor confidence and valua...
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