ASYMMETRIC TCS Layoffs, New P&G CEO, and Lessons for Founders & Leadership in Startups
Aug 1, 2025
This discussion dives into the recent TCS layoffs, shedding light on their impact on the tech industry and the shifting landscape of IT services in India. It explores essential leadership traits, emphasizing the balance of empathy and authority. The conversation also highlights evolving dynamics in growing organizations, addressing emotional complexities and the management of workplace politics. Finally, insights into India's burgeoning e-commerce scene reveal changing consumer behaviors, especially in tier 2 and tier 3 cities, showcasing the need for localized marketing.
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TCS Layoffs Reveal IT Growth Limits
- TCS layoffs reflect long-term sub 10% revenue growth and contract renewal declines in IT services.
- Dependency on slow-growth US/Europe clients limits future growth potential for Indian IT firms.
IT Services Shape India's Market
- IT services form a significant portion of India's Nifty index, so their stagnation affects market valuation.
- India's domestic market contribution to revenues remains minimal, limiting growth opportunities for IT export companies.
Marathi CEO Breaks P&G Norms
- Marathi Manus became the global CEO of Procter & Gamble, succeeding traditional white-male leadership.
- His success is due to strong followership, where peers and teams choose to follow him across roles.