Latest news with #CHRO
Time of India
4 days ago
- Business
- Time of India
TCS layoffs: IT major to raise pay for 80% of staff while cutting 12,000 jobs
Academy Empower your mind, elevate your skills IT bellwether Tata Consultancy Services (TCS) told employees it will raise salaries for 80% of its workforce effective September 1, weeks after announcing layoffs affecting more than 12,000 salary revisions, communicated through an internal email by chief human resources officer Milind Lakkad and CHRO designate K Sudeep, will be for employees in grades up to C3A and equivalent, primarily covering junior and mid-level staff."We are pleased to announce a compensation revision for all eligible associates in grades up to C3A and equivalent, covering 80% of our workforce," the email stated. The IT major has not disclosed the quantum of salary hike comes after TCS had paused its April salary increment cycle, citing macroeconomic uncertainties and weak demand from major markets. Lakkad had said back then that a decision on this front will be made some time during the announcing the April-June quarter results, the company had maintained that it had not taken a call on salary increments yet. The hikes also coincide with TCS's restructuring plan to reduce its global workforce by approximately 2%, mainly impacting middle and senior management positions. The layoffs, the largest by an IT company, are part of what TCS calls its plan to become a "future-ready organisation", focusing on AI deployment and market May, TCS had rolled out 100% quarterly variable pay to 70% of its employees , while the rest received variable pay in a lower range, depending on the performance of their respective business layoffs have sparked a backlash from labour unions, with the Centre of Indian Trade Unions (CITU) planning nationwide protests outside TCS offices on August 19, as per reports. On July 30, the Karnataka State IT/ITeS Employees Union (KITU) also filed an industrial dispute case against TCS before the state's labour department. The union accused the IT market leader of illegal mass retrenchment and sought prosecution of the management for violation of the Industrial Disputes Wednesday, executives of the software giant informed Karnataka's labour authorities that they are not aware of the number of employees their management would lay off in various cities. TCS will now submit its response to a union complaint on labour law violations based on the grievances of affected employees. Officials from TCS and the unions will meet for a second time, for a conciliation, on September 8.
News18
4 days ago
- Business
- News18
TCS Salary Hike: IT Giant To Raise Wages For 80% Of Employees, Effective September 1
Last Updated: TCS Salary Hike: The decision was communicated to staff via an internal email on Wednesday, 6th August, by Chief Human Resources Officer Milind Lakkad and CHRO Designate K Sudeep. TCS Salary Hike 2025: Tata Consultancy Services (TCS), India's largest IT services firm, has announced a wage revision for around 80 per cent of its workforce, largely covering mid- to junior-level employees. The move comes even as the company is preparing to lay off about 12,000 staff, or 2% of its workforce, over the course of this year. The pay hikes, effective from 1st September 2025, were communicated to employees via an internal email on Wednesday, 6th August, by Chief Human Resources Officer Milind Lakkad and CHRO Designate K Sudeep. 'We are pleased to announce a compensation revision for all eligible associates in grades up to C3A and equivalent, covering 80 per cent of our workforce. This will be effective 1st September 2025," said the email, a copy of which was seen by PTI. It added, 'We would like to thank each one of you for your dedication and hard work, as we build the future of TCS together." Details on the quantum of salary hikes were not immediately available. TCS Layoffs The decision to reward a large section of its employees follows TCS' broader restructuring drive under which it plans to cut around 2 per cent of its global workforce, about 12,000 roles, mostly from middle and senior levels. 'TCS is on a journey to become a future-ready organisation. This includes strategic initiatives on multiple fronts, including investing in new-tech areas, entering new markets, deploying AI at scale for our clients and ourselves, deepening our partnerships, creating next-gen infrastructure, and realigning our workforce model," the company had said in a statement last month. It also noted, 'Towards this, a number of reskilling and redeployment initiatives have been underway. As part of this journey, we will also be releasing associates from the organisation whose deployment may not be feasible." These layoffs have sparked wider conversations about a potential reset in the Indian IT sector, which is navigating global macroeconomic headwinds, disruptions from artificial intelligence, and the impact of protectionist trade measures like US tariffs on outsourcing. India's leading IT services players, including TCS, posted subdued single-digit revenue growth in the first quarter of FY26, as economic uncertainty and geopolitical tensions led to a slowdown in global tech spending and client decision-making. Last month, TCS chief HR officer Milind Lakkad during a post-Q1 earnings press conference had said the company had not yet taken a decision on the salary hike for employees this year due to the ongoing uncertain global economic and geopolitical situation. K Krithivasan, chief executive officer and managing director of TCS, also highlighted the difficult macroeconomic situation. 'During our last press meet (in April 2025), we had spoken about delays in decision making in projects with respect to discretionary investments. This trend has continued and intensified to some extent in this quarter, and global businesses were disrupted due to conflicts, economic uncertainty and supply chain issues," Krithivasan said. The IT sector has been facing global headwinds due to the ongoing trade war and geopolitical conflicts. Location : New Delhi, India, India First Published: August 07, 2025, 07:53 IST News business TCS Salary Hike: IT Giant To Raise Wages For 80% Of Employees, Effective September 1 Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
20-07-2025
- Entertainment
- Time of India
Can't get over Coldplaygate scandal? 10 wildest Kiss Cam moments in the history that were even more awkward
The Coldplay concert at Gillette Stadium in Boston quickly became a nightmare for Astronomer CEO Andy Byron and CHRO Kristin Cabot, who were spotted cuddling when a Kiss Cam captured the duo on Wednesday. The moment became a viral sensation overnight and instantly sparked debates about workplace relationships and ethics. The incident was further fuelled by social media reactions and a comment from Chris Martin. The Kiss Cam is a crowd-pleasing feature at live events, showcasing couples on large screens during breaks. The usual expectation is for the pair to share a fun, light-hearted moment, often a kiss, to the audience's amusement. However, it can sometimes catch people off guard, as seen in the case, like Byron and Cabot's case. Moreover, the incident gained further traction when Elon Musk responded to a related tweet with a laughing emoji. Also, a parody tweet surfaced on the internet, mimicking Byron's apology: "Let me start by apologising to my family, my wife, and our wonderful employees. I am a Coldplay fan. Not just of the first two albums. I also like the recent stuff." Kiss Cam tradition is nothing new According to OneIndia, the Kiss Cam tradition has been a part of sporting events and music concerts for years. It focuses on engaging audiences by capturing their spontaneous moments among the attendees. However, as mentioned, apart from the delightful moments, it can sometimes lead to unexpected consequences. Since July 18, 2025, #Coldplaygate continues to trend on social media platforms, and the internet is flooded with memes and reactions of netizens. But this is not the first time that something unusual or unexpected has been captured on the Kiss Cam. A look at 10 of the wildest kiss cam moments in history Let's take a look at some of the wildest Kiss Cam moments in history so far:'That' my sister': During a college basketball game, a pair was spotted in the audience like a couple, until the man awkwardly mouthed. 'That's my sister' drew roars of laughter from the crowd. THE 10 W!LDEST KISS CAM MOMENTS IN HISTORYA thread 🧶1. Bro came prepared😭 'Wait for it' 2. Wait for it😭 'They win best kiss cam of all time😭' 4. They win best kiss cam of all time😭 'Poor couple got soaked.' 5. Poor couple got soaked😭 'Mom was having none of it😭.' 6. Mom was having none of it😭 'BRO IS A MENACE💀' 7. BRO IS A MENACE💀 'They are wild for that💀' 8. They are wild for that💀 'Some say she created a villain that day' 9. Some say she created a villain that day 'I hope someone told him…😭' 10. I hope someone told him…😭 'The time they put Kanye West and Kim Kardashian on the kiss cam and Kanye ignored her.' 10. I hope someone told him…😭 To stay updated on the stories that are going viral, follow Indiatimes Trending.
&w=3840&q=100)
Business Standard
13-07-2025
- Business
- Business Standard
Getting people back to office was among toughest challenges: TCS' Lakkad
Lakkad and Kunnumul talk about talent, technology, transition, and what lies ahead for TCS's 600,000+ workforce Shivani Shinde Mumbai Listen to This Article As Milind Lakkad prepares to hand over the reins to Sudeep Kunnumal after more than six years as chief human resources officer (CHRO) — and a 38-year career at Tata Consultancy Services (TCS) — he looks back on a tenure defined by the pandemic, the Great Resignation, sweeping organisational shifts, and the company's evolving focus on AI. In a joint conversation following TCS' first quarter earnings in 2025-26, Lakkad and Kunnumal speak with Shivani Shinde in Mumbai about talent, technology, transition, and what's next for the IT giant's 600,000-strong workforce. Edited excerpts: How do you look back on your 38
Forbes
10-07-2025
- Business
- Forbes
AI Won't Replace HR, But It Will Expose Every Broken System
Apryl Evans is the CHRO at USA for UNHCR, driving people strategy to support mission impact and well-being. We're in an era of AI theater, where companies adopt sleek advanced tools fast, and then suffer with messy application behind the scenes. It's what happens when leaders prioritize performance optics over system readiness, skipping the hard work of aligning structure, ethics and culture. Nowhere is this more visible than in HR. Too many companies integrate AI into outdated job structures, uneven feedback cultures and inequitable career design. Then they wonder why it accelerated bias and eroded trust. If your competency models are a decade old and your performance systems still reward output over insight, AI won't fix the problem. It will simply codify dysfunction in real time. The question isn't whether AI will replace HR. It's whether your systems can support AI without betraying your people. If performance feedback is unclear, career pathways are vague or internal mobility only favors the well-connected, AI will mirror that reality—loudly and a lot faster. Automation Scales Everything, Including Confusion AI is not a neutral actor. It scales existing patterns, whether intentional or broken. For example, I advised a high-performing organization where leaders launched a talent-matching platform to improve internal mobility. But while the tool surfaced stretch opportunities, top talent didn't apply. Why? They'd never received the feedback, coaching or clear career conversations that would encourage them to pursue internal opportunities. At another organization I advised, we delayed an AI rollout by 90 days—not because the tech wasn't ready, but because managers weren't ready to lead through it. So, we paused, trained differently and recalibrated expectations. By taking the time to integrate AI properly, the organization experienced lower attrition, increased mobility and faster trust recovery. These examples show why the "we'll fix it after the pilot" mindset is dangerous. You can't automate what you haven't defined. And you shouldn't automate what you haven't audited. Before rolling out any AI-powered platform—whether it's for hiring, feedback or performance—you need a structural reckoning. Ask yourself whether job levels are clear and equitable. Do your feedback loops create clarity or protect power? Is psychological safety practiced or just promised? These aren't philosophical questions. They're design imperatives because trust is a precondition for AI success. HR's New Mandate: Architects Of Humanized AI HR leaders shouldn't avoid AI. We should shape it. Our department is uniquely positioned to embed ethics, clarity and inclusion into the architecture AI depends on. But that requires more than input. It requires influence. Here are some key steps to help ensure your AI systems actually deliver. • Audit before automating. Broken systems can't be streamlined, and no algorithm can resolve what your design refuses to acknowledge. So, look for areas where performance signals are missing, inconsistent or inequitable. • Build cross-functional launch teams. The kind of bias that can include AI doesn't sit in one function. Involve DEI, legal, IT and operations early in the implementation process. That way, you can ensure there's cultural integration as well. • Measure behavior, not just output. Behavioral science belongs in your AI governance plan. As you monitor your AI systems, consider factors like whether it rewards insight or velocity or whether it punishes dissent instead of supporting psychological safety. • Design recovery and feedback loops. No AI is infallible, so you must establish processes for when tools misfire. For example, what is the escalation protocol? Who has override authority? Do employees know how to raise concerns? Human-Centered AI Must Become Our Standard According to McKinsey's 2024 State of AI report, more than 60% of companies expected to increase their AI investment, but few have clear policies for how AI intersects with ethics and employee well-being. That's not a tech gap. That's a leadership gap. We don't protect humanity by rejecting AI. We protect it by refusing to build systems that ignore how people actually work, grow and thrive. Because in a world of machine learning, your organizational structure becomes your leadership philosophy—just written in code. So, if you wouldn't trust your performance system without AI, you shouldn't trust it with that kind of technology. AI won't disrupt HR. It will reveal who already gave up on doing the real work. Forbes Human Resources Council is an invitation-only organization for HR executives across all industries. Do I qualify?
