TCS

Andhra Pradesh has decided to allocate land at just 99 paisa to Cognizant IT solutions for a project worth Rs 1,582 crore in the Vizag IT campus.

TCS has rolled out a revised associate deployment policy mandating a minimum of 225 business days of billing annually with a reduced bench time of 35 days.

Shashank Rustagi, an ex-TCS employee, shared on X that in 2019, he earned Rs 21,000 per month while his expenses were Rs 30,000. Shockingly, in 2024, TCS still offers the same low salary to freshers.

Wipro plans to hire 10,000-12,000 employees this fiscal year after a six-quarter decrease. They recruited 337 employees in Q1 and will hire freshers from engineering campuses.

Tata Consultancy Services (TCS) plans to hire 40,000 freshers this year, according to CHRO Milind Lakkad. Salaries increased by 4.5-7%, and 70% of employees have returned to the office.

Tata Consultancy Services (TCS) CEO K Krithivasan earned an annual compensation of Rs 25.36 crore in 2023-24, the lowest among major IT companies.