TCS’s Bold Balancing Act: Wage Hikes for 80% Amid 12,000 Layoffs
In a surprising yet strategic move, Tata Consultancy Services (TCS) has announced salary increments for around 80% of its employees while simultaneously planning to lay off over 12,000 mid- and senior-level employees—roughly 2% of its global workforce. A Closer Look at the Wage Hikes The Layoff Plan While rewarding a large section of the workforce,…
