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TCS layoffs: In a significant development that has taken the corporate world by storm Indias largest IT service company Tata Consultancy Services (TCS) announced the layoff of about 12000 employees globally. As a result of the massive layoff several questions are being asked in media whether Ratan Tata could have taken the decision to sack these employees if he was alive and running the company? Remembering the Covid times when every second company was firing employees Ratan Tata had rejected the layoffs and said that layoffs reflected the lack of empathy from the top leadership of the companies. What Ratan Tata thought on sacking employees? It is impossible for any company to survive without being sensitive towards its people. Business is not just about making money but about moving forward in a correct and ethical manner Ratan Tata said on being sensitive towards people. Why Ratan Tata was against Covid layoffs? These are the same employees who have worked for you served you throughout their career. You suddenly throw them out and put them in the rain (trouble). Is this your definition of ethics? Ratan Tata had said on firing employees during Covid. How TCS CEO earned Rs 26.5 crore after company announced massive layoffs? As per a report by IANS news agency Information Technology giant Tata Consultancy Services (TCS) CEO K. Krithivasan received a total annual compensation of Rs 26.5 crore after a 4.6 per cent increase from the previous year TCSs annual report for FY25 has revealed. Krithivasans salary comprised a base salary of Rs 1.39 crore alongside Rs 2.12 crore in benefits perquisites and allowances as well as Rs 23 crore in commission according to the latest annual report. Netizens and IT employees were irked that his pay was 329.8 times the median employee salary. How layoffs impacted TCS employees? The layoffs primarily targeted middle- and senior-grade employees. The IT major said that the layoffs are not motivated by cost-cutting or automation but rather by the challenges of redeploying talent whose current roles no longer align with the companys evolving skill requirements. (With inputs from agencies)