TCS Defies Layoff Trend: Announces Salary Hikes for 80% Workforce Amid 12,000 Layoffs
Tata Consultancy Services (TCS) is set to increase salaries for approximately 80% of its workforce from September 1, 2025, even as it lays off 12,000 mid- and senior-level employees. This move aims to better align with future-ready technologies, such as AI and cloud computing, while retaining valuable junior and mid-level talent. The salary boosts will benefit about 4.5 lakh employees, marking a strategic shift in TCS's operational focus.
Aug 7