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Tag: it sector layoffs 2025 india
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TCS to Hike Salaries for 80% of Employees, Effective Sept 1, 2025 — What It Means Amid Layoffs
In a dramatic shift, Tata Consultancy Services (TCS) has confirmed that despite announcing layoffs affecting around 12,000 employees, the company will move forward with annual wage increases for approximately 80% of its workforce, starting September 1, 2025. Key Highlights Why This Matters Aspect Insight Employee Morale Providing raises to most staff despite layoffs can help…