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This is the second season of Who said what? In this show, we look at interesting comments from notable figures, break them down, and explore the broader stories behind it. In this episode, Krishna examines the real reasons behind the recent layoffs at Tata Consultancy Services (TCS) and questions the popular belief that AI is the main cause. It explains how years of over-hiring experienced professionals, a bloated middle management layer, poor employee deployment, and slowing global demand created structural inefficiencies inside the company. AI didn’t directly cause the cuts — it simply exposed problems that had been building for years. The video also explores how TCS is now restructuring teams, skills, and its business model to prepare for an AI-driven future while trying to fix legacy issues at the same time. Prefer to read this? Check it out here: https://open.substack.com/pub/thedail... Checkout "The Chatter" here: https://thechatterbyzerodha.substack.... Timestamps: 00:00 Intro 00:41 TCS’ Layoffs and the Cost of Over-Hiring 06:41 Outro