TCS Chairman N. Chandrasekaran announced a strategic shift at the company's 31st Annual General Meeting. He predicts AI agents will equal the number of human employees within three years.
Chandrasekaran positions AI as a significant growth opportunity rather than a threat to the enterprise IT business model. The company reported a net reduction in headcount for the fiscal year ending March 2026.
TCS plans to maintain current staff levels but expects a reduction in future hiring due to automation. AI-related revenue reached an annualized run rate of nearly $2.5 billion in the final quarter of fiscal 2026.
The company identifies legacy system modernization and AI-driven process redesign as primary growth drivers.