TCS asks managers to mark 5% Band D after layoffs
NewsBytes | May 18, 2026 6:39 PM CST
Band D can mean salary cuts
Landing in Band D isn't great: it can mean salary cuts, being taken off projects, and having to follow strict improvement plans that could lead to losing your job if targets aren't met.
This move comes right after about 3% of staff were already marked as underperformers.
Even though TCS slightly improved its profit margins this year, it saw its first revenue drop since going public and its stock fell nearly 30%.
Other big IT firms like Infosys and HCL are facing similar challenges too.
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