In a move that’s raising eyebrows, Tata Consultancy Services (TCS) has announced salary increases for 80% of its employees, primarily those in junior and mid-level positions. The hikes will take effect on September 1, 2025.
This news comes as a surprise, given TCS’s concurrent plan to lay off 12,000 employees this year. The company hasn’t yet specified the exact percentage of salary increases, but the announcement has sparked considerable discussion among employees and industry watchers alike.
While the salary hikes are welcomed by many, the simultaneous layoff announcement raises questions about TCS’s overall strategy and the impact on employee morale. The contrast between rewarding a significant portion of the workforce with raises while simultaneously reducing the workforce by a considerable number leaves many wondering about the long-term implications.
Further details regarding the specifics of the salary increases are expected to be released soon. Stay tuned for updates as this situation unfolds.
A nail-biting moment unfolded at Baramati airport recently involving a training academy aircraft. Reports indicate…
Jason Miller's journey from a George Washington University political science graduate to a key figure…
Tensions between India and Pakistan have resurfaced following a sharp rebuke from Pakistan's Defence Minister,…
A Historic Return to EarthAfter an incredible five-month mission aboard the International Space Station (ISS),…
A heartbreaking incident unfolded in Delhi's Khera Khurd village on Saturday morning, leaving a community…
NASA is setting its sights on an ambitious goal: establishing a permanent lunar presence by…