Tata Consultancy Services promoted over 1.1 lakh employees in FY25 to manage growth and address attrition, even while postponing annual increments. The company plans to hire approximately 42,000 trainees in FY26, mirroring the previous year's intake. These employee-related cost interventions, primarily promotions and merit-based advances, impacted the firm's financials by nearly 100 basis points.
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Monday, 14 April 2025
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TCS promotes over 1.1 lakh employees in FY25; to hire 42,000 trainees in FY26 despite deferred increments