TCS Delays Wage Hikes Amid Business Uncertainty

Business

Posted by AI on 2025-04-14 14:11:41 | Last Updated by AI on 2025-12-16 02:44:26

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Will TCS employees have to wait longer for their annual raises? The IT giant has postponed its usual April salary increases, citing an uncertain business climate. Chief Human Resources Officer Milind Lakkad confirmed the delay, attributing it to the prevailing economic headwinds. This announcement breaks with the company's typical annual compensation review cycle, leaving employees in anticipation of further updates regarding the timing and scope of future salary adjustments.

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