Why Is TCS Firing 30000 Employees?

Will TCS increase salary?

TCS last week announced its decision to raise salary for all its employees, which will be effective from October 1, the beginning of the financial year’s third quarter for the company.

Overall in FY21, Rao said, the company would induct around 16,500 freshers recruited through campus programme last year..

Is working in TCS good?

Yes, it is the biggest organisation and it is TATA, but not good for freshers. Join TCS if you are a 5 year experience holder. TCS treats all the senior employees with a lot of care. It provides stability but only to EXPERIENCED CANDIDATES.

Is 9 hours mandatory in TCS?

According to TCS terms every employee must work at least 9 hr/day.

What is the salary of TCS?

Average Salary for Tata Consultancy Services Limited Employees in India. Tata Consultancy Services Limited pays its employees an average of ₹559,129 a year. Salaries at Tata Consultancy Services Limited range from an average of ₹270,256 to ₹1,269,052 a year.

How much hike is TCS giving?

TCS Salary Hike: Pay raise for 4.5 lakh employees in October; Q2 hiring at 9,000.

Which is better TCS or Wipro?

Tata Consultancy Services (TCS) is most highly rated for Job Security/Advancement and Wipro is most highly rated for Job Security/Advancement.

What are the top 3 reasons you joined TCS?

Top 5 reasons to work at TCSWork-life balance. Often, people working in software industry find it very hard to maintain the work-life balance. … Brand name. … Work environment. … People/colleagues. … Leave policy.

Will TCS increase salary in 2020?

India’s biggest IT company today said that salary hike for its employees will be rolled out effective October 1. TCS consolidated headcount stood at 453,540 as of September 30, 2020. TCS said it is continuing investments in organic talent development, with focus on upskilling and innovative training methods.

Does TCS give Diwali bonus?

The Diwali windfall has come six months in advance for 2.5 lakh employees of software services giant Tata Consultancy Services (TCS).

What is the increment in salary after one year in TCS?

Initial salary that you would get from tcs after completing your ILP would be somewhere around 24.5k and after an year, the max it could reach out to would be 27.5k, so an yearly increment would land you somewhere between 24–27k.

Is TCS firing employees?

TCS Not To Lay Off Employees Amid Covid-19 Lockdowns, Freezes Salary Hikes. Tata Consultancy Services Ltd. will not effect any layoffs due to coronavirus lockdowns nor will it give any salary hikes this year, India’s largest software services exporter said while announcing its March quarter results on Thursday.

Why is TCS bad company?

Tcs is said to be policy driven company and transparent but its all fake. Employees are not aware what is going on in the management. Tcs has one of the most pathetic performance policy format , they have a set of generic questions which dosen’t make any sense while evaluating the performance of the employee.

Was leaving TCS a mistake?

Please don’t mind my words but bitter truth is , Yes you did a mistake. When you say that you came to know all the policies like LWP/ bench etc after leaving TCS then I must you were extremely careless because as an employee you should be able to know all the hooks and crooks of the company.

Does TCS provide free food?

TCS Employee Benefit: Free Lunch or Snacks | Glassdoor.

Will TCS terminate freshers?

TCS Gives 0% Salary Hike In 2020, Refuses To Fire Any Employee; 40,000 Freshers Will Be Hired. TCS, which is India’s biggest IT services firm has announced that none of their 4.5 lakh employees will be fired amidst the coronavirus outbreak.

How can I double my salary in TCS?

TCS fresh hires can double their salary if they pass an internal…Technology giant Tata Consultancy Services has launched TCS National Qualifier Tests (TNQT) — for both campus freshers and experienced employees.This will help employees attain higher salary packages and promotions in their job roles.More items…•

Is TCS a bad company?

Good pay, and it is easy to get an entry level job. Total lack of communication and consideration for you as an individual.

Can ex TCS employee join TCS again?

TCS. TCS, according to several current and ex-employees, does not apparently encourage re-hiring old employees as part of its updated HR strategy. … However, rehiring after a period of two or four years would mean the company has to offer a 20 or 40 percent hike, instead of which TCS prefers to take freshers.