TCS Layoffs vs. CEO Pay: The sharp pay gap between the average employees of Tata Consultancy Services (TCS) and its executives has been the subject of a contentious discussion following a recent post by Praveen Chakraborty on X (formerly Twitter).
The entire IT industry was rocked by TCS’s layoffs this year, which Chakraborty, a well-known member of the Indian National Congress (INC), criticized on X.
What is stated in the post?
As netizens poured their thoughts and solutions into the comment section, the post quickly gained popularity.
In order to illustrate the difference between the salaries of IT majors at the leadership and employee levels, Chakraborty also provided some basic financial data.
- The annual salary of the TCS CEO is 35 crores.
- Total compensation for the top five leaders: ₹40 crore
- The average yearly salary for an employee is ₹15 lakh.
His main contention centers on the controversial solution, which contends that 12,000 jobs might be saved if the top 100 TCS executives accepted a modest pay cut.
He said, “Their lives won’t be terrible at ₹2.5cr pay vs. ₹3cr.” He also emphasized the terrible effects on those who are laid off, saying, “For 12,000 families, lives will be miserable at 0 pay vs. ₹15 lacs.”
The emergence of artificial intelligence (AI) is also discussed in the post, with Chakraborty stating that “AI is real; mass layoffs need not be.”
Pay comparison: Average employee versus leadership
The TCS Integrated annual report for 2024–2025 states that K Krithivasan, the company’s CEO and Managing Director (MD), receives an annual compensation of up to 27 crores.
As the Chief Operating Officer (COO) and Executive Director (ED) of TCS, NG Subramanium receives an annual salary of about ₹12 crore.
Below are the specifics of the pay for other leadership positions as well:
Disclaimer:
This article is based on publicly available information and social media discussions. It does not intend to target any individual or organization. The views expressed by netizens quoted herein are for informational purposes only and do not represent the official stance of this publication. Readers are encouraged to verify facts independently before forming conclusions.
From Conflict to Catastrophe: Gaza Edges Closer to Full-Blown Famine
India Legends vs WI Legends: Live Telecast Info & Match Time