TCS is offering severance pay of up to two years' salary to long-serving staff whose skills no longer match company needs, as it realigns workforce ...
The company mentioned that almost all employees, except a few new joiners, are covered under this quarterly bonus plan.
Employees who have been unallocated or “on the bench” for over eight months without finding a suitable role are offered a simpler package, consisting of notice period pay equivalent to three months.
TCS has initiated a significant workforce realignment, impacting around 12,000 employees, primarily mid- and senior-level executives. This move aligns with increased investments in AI, data, and ...
Tata Consultancy Services (TCS) has declared a quarterly variable allowance (QVA) for its employees, with junior staff assured of receiving the full amount.
TCS Announces Salary Hikes: 100% Variable Pay for Junior Staff, Higher Payouts for Mid-Senior Levels
According to TCS Chief Human Resource Officer, Sudeep Kunnumal, junior-level employees (grades C, C1, and C2) will receive ...
The figures circulating on TCS layoffs are “extremely exaggerated numbers”, Chief HR Officer Sudeep Kunnumal says after the ...
Junior employees at the levels C, C1, and C2 usually get annual hikes as well as full variable pay as they figure in lower ...
The company also declared its record date and payment date. Only those investors will be eligible who are holding TCS stock ...
Shares of Tata Consultancy Services Ltd (TCS) will remain in focus on Wednesday, October 15, 2025, as they will trade ex-date ...
AM IST TCS saw its employee count drop by nearly 20,000 in the September quarter, bringing its total workforce down to 5.9 lakh. Analiza Pathak July 15, 2025 12:00 PM IST TCS had first reduced the ...
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