Pay day cheer for TCS staff! India’s largest IT firm will hike salaries for 4.5 lakh employees from September 1, with top performers getting double-digit raises

India's Tata Consultancy Services will raise salaries for 80% of its workforce, according to an internal email reviewed by Reuters, weeks after announcing layoffs affecting more than 12,000 employees.

Around 80 per cent TCS employees, or 4 out of 5 TCS employees, are eligible for the salary hike from September 1, the company said in its email.

TCS announces wage hikes for 80% of workforce amid layoffs, focusing on future-readiness and talent retention.

TCS will implement wage hikes for 80% of its junior-to-mid-level employees from September 1, even as it plans to lay off 12,000 staffers in 2025. The dual move comes amid global macro uncertainty, weak Q1 results,