TCS has announced annual salary hikes effective April 1, with top performers receiving double-digit increases. The move follows last year’s layoffs and signals improved business confidence. The company said it will continue investing in an AI-ready workforce, with hiring focused on cloud, cybersecurity, and digital engineering roles.
India's largest IT services company Tata Consultancy Services has rolled out annual salary increments across all grades effective April 1, with high-performing employees receiving double-digit increases, the company has announced. This comes just months after a tumultous layoff phase within the organisation that claimed to have laid off almost 12,000 employees over the course of last year.
The salary hike announcement comes as TCS focuses on building an AI-ready workforce amid the technology sector's rapid transformation.
Sudeep Kunnumal, Chief HR Officer, told Business Standard, that the company announced annual increments to all eligible employees across grades effective April 1 with top performers getting a double-digit increase.
The exact quantum of hikes for other employees could not be ascertained.
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