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TCS CEO's pay rises 4.6%, while the company plans to lay off over 12,000 workers amid AI shift.
Tata Consultancy Services (TCS) CEO K. Krithivasan earned ₹26.5 crore in the fiscal year 2025, a 4.6% increase from the previous year, while the company plans to lay off over 12,000 employees.
The layoffs are part of TCS's strategy to adapt to new technologies like AI.
TCS has defended the cuts, stating they are due to a mismatch in skills rather than cost-cutting.
The disparity between executive compensation and employee layoffs has sparked public debate about corporate ethics and technological change.
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El salario del CEO de TCS sube un 4,6%, mientras que la compañía planea despedir a más de 12,000 trabajadores en medio del cambio de IA.