TCS to roll-out wage hikes for about 80% of employees, effective from September 1

New Delhi, 7/8: India’s largest IT services company Tata Consultancy Services (TCS) informed employees that it will roll-out wage hikes for about 80 per cent of workforce, covering mid to junior levels.

The wage hikes comes at a time when TCS is set to lay off about 12,000 employees this year. The wage hikes will be effective September 1, TCS CHRO Milind Lakkad and CHRO Designate K Sudeep said in an email to employees on Wednesday