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Jul 29, 2025
TCS May Freeze Salary Hikes and Senior Hiring Following Reported 12,000 Layoffs
Tata Consultancy Services (TCS), one of India’s largest IT services firms, is reportedly planning to implement a freeze on salary hikes and halt senior-level hiring after recently laying off approximately 12,000 employees. The move comes amid a challenging market environment impacting demand for technology services globally, coupled with a strategic focus on cost optimization by the company.