TCS Expects a Rebound After Q1 Miss. The Street Isn't Convinced
12 Articles
12 Articles
TCS Q1 2025: 100% Variable Pay for 70% Staff
Tata Consultancy Services (TCS), India’s largest IT services provider has initiated a payment of 100% variable pay to over 70% of its employees for Q1 FY26 (April-June 2025). The company confirmed the payout despite global economic uncertainty and stalled discretionary tech spending. Who Is Eligible for 100% Variable Pay? There has been an internal email...
Trade Clarity May Revive Global IT Spending: TCS
ata Consultancy Services (TCS), India’s largest IT services company, is steering through a phase of decelerated growth and changing client habits but remains bullish on future prospects. During a recent media interaction, TCS CEO K. Krithivasan delineated the firm’s strategic response to a global landscape characterized by conservative enterprise expenditure, persistent geopolitical uncertainty, and lengthening decision-making cycles. But he thi…
TCS Prioritizes Wage Hikes, Eyes Profitable Growth: CFO
Tata Consultancy Services (TCS), the biggest IT company in India, has stated that raising wages for its more than 6 lakh employees is their "priority" goal.TCS' Chief Financial Officer (CFO) Samir Seksaria stated, "My priority is getting back to the wage hike," without giving an exact date for the increase in staff salaries. In addition, Seksaria told a news agency that, in contrast to its competitors, the company has "rarely" resorted to postpo…
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