TCS to Hike Pay for 80% Staff from Sept

  Published 8 months ago

TCS will raise salaries for 80% of staff from September, despite delays and recent layoffs amid global business uncertainty.

  • Annual wage hikes delayed from April are now confirmed for eligible employees up to the assistant consultant level.
  • The move comes weeks after 12,000+ layoffs and amid weak client demand and cautious global IT spending.
  • No clarity yet on hikes for senior-level employees forming the remaining 20% of the workforce.

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