TCS defers wage hikes due to biz uncertainties

Tata Consultancy Services Delays Salary Hikes Amid Global Uncertainty

IT services major Tata Consultancy Services (TCS) has delayed salary hikes, as the management remained uncleared on the increment cycle amid global uncertainty arising due to US tariffs. TCS typically revises the wages of its staff in April every year. The employee count at the end of fiscal 2025 stood at 6,07,979, as the company added 625 employees in the fourth quarter. In the entire financial year, the company hired 42,000 freshers. The IT ma…

TCS defers wage hikes due to biz uncertainties

The company's chief human resources officer Milind Lakkad said the business uncertainties have led it to delay the annual wage hikes, which generally set in from April.

TCS delays employee pay hikes in response to global challenges

Mumbai: IT services major Tata Consultancy Services (TCS) has delayed salary hikes, as the management remained uncleared on the increment cycle amid global uncertainty arising due to US tariffs.  TCS typically revises the wages of its staff in April every year. The employee count at the end of fiscal 2025 stood at 6,07,979, as the company added 625 employees in the fourth quarter. In the entire financial year, the company hired 42,000 freshers. …

TCS Forgoes Salary Increments for FY25 Amidst Global Economic Slump

Holding salary hikes, India’s largest IT firm, Tata Consultancy Services (TCS) has incorporated employees. Although dictated by clients to commence on April, the company has delayed it because of uncertainty prevailing globally and slow client spending. TCS Slams the Brakes on Raises TCS confirmed a delay during the announcements during the earnings call. Chief HR...

TCS delays employee pay hikes – why is the IT major taking a cautious approach?

Tata Consultancy Services (TCS), India's largest IT services company by revenue, has deferred its annual salary hikes that were scheduled to begin in April ...

TCS puts Hikes for 6.07 Lakh Employees on Hold due to Business Uncertainty, US tariffs - PUNE PULSE

Tata Consultancy Services (TCS), India's largest IT services provider by revenue, has decided to delay its annual salary hikes for employees that were initially scheduled for April. The decision comes amid mounting global economic uncertainty, exacerbated by the ongoing trade tensions and tariff disputes between the United States and other nations. The company announced during