Good news for TCS employees, the company on salary hike amidst the fear of retrenchment
India The largest IT company Tata Consultancy Services (TCS) made a big announcement for its employees on Wednesday. The TCS informed the employees that the company will increase the salary of about 80 percent of the employees from junior level to mid -level. Tata Group IT company TCS Chief Human Resource Officer (CHRO) Milind Lakkad and CHRO K.K. Sudeep said in an email sent to the employees on Wednesday that the salary hike will be effective from September 1, 2025. This email of TCS has a wave of happiness among 80 percent of the employees of the company, while on the other hand 20 percent of the employees are disappointed.
Company will remove more than 12,000 employees from jobs
TCS has taken this decision to reward Talent and maintain them at a time when the company is leaving more than 12,000 employees from its total workforce. The TCS had recently announced the trimming of about 2 percent of its global workforce, ie about 12,261 employees, most of which will be of mid -level and senior level employees. The TCS said in a statement about the layoffs that this step is part of the company’s comprehensive strategy to become a ‘future ready -ready organization’, which focuses on investing in technology, AI deplue, market expansion and workforce restructure.
The number of existing TCS employees over 6 lakhs
By the end of June 2025, the number of TCS employees was 6,13,069. In the April-June quarter of the current financial year, the company hired 5000 employees. The announcement of pruning by TCS is in the notice of both the Central Government and the Government of Karnataka. The Karnataka State IT/ITES Employees Union (KITU) had strongly objected to a large scale retrenchment and Additional Labor Commissioner G. A complaint was lodged against TCS before Manjunath. In a statement, the Sangh said that it has demanded legal action against management for violation of the provisions of the Industrial Disputes Act, 1947.
Latest business news