TCS and its peers Infosys, HCLTech, Tech Mahindra, Wipro, LTIMindtree, and Cognizant collectively employ over 430,000 workers with 13 to 25 years of experience
Sectors such as automobile, manufacturing, and retail are already bearing the brunt of tariffs - this was called out by IT executives during their earnings conferences last month
TCS had paused salary hikes in April citing macroeconomic uncertainty but will now revise pay for staff up to grade C3A, covering 80 per cent of its workforce