TCS CEO compensation rises amid major workforce cuts. K Krithivasan's salary increased 6 percent to reach 28.1 crore rupees in FY26, even as the IT giant reduced its workforce by over 23,460 employees year-on-year. The CEO's total remuneration, which includes 25 crore in commission, is now 332.8 times the median employee salary. While junior and mid-level staff received 4.5 to 7 percent raises, the company justified executive compensation increases as aligned with market trends and employee salary revisions globally. TCS attributes workforce reduction to restructuring efforts aimed at building a future-ready organization with emphasis on artificial intelligence and new technologies. The contrasting pay dynamics highlight growing disparities in corporate compensation strategies during periods of organizational transformation.
Post from MarketNews_en
Log in to interact with content.