BENGALURU (Reuters) -Indian outsourcing giant Tata Consultancy Services' decision to cut over 12,000 jobs signals the start of a broader AI-fueled trend that could end up eliminating around half a million jobs over the next two to three years from the $283 billion sector,

Tata Consultancy Services' decision to cut over 12,000 jobs signals the beginning of an AI-driven trend that could potentially eliminate half a million jobs in India's $283 billion outsourcing sector over the next few years,

Tata Consultancy Services (TCS) last week announced plans to reduce its workforce by some 12,200 middle and senior management positions, around 2% of its total headcount, in what the company described as a response to skill mismatches.