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Troubles deepen at TCS; Honasa’s beauty-tech plan
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Happy Tuesday! After announcing over 12,000 layoffs, TCS now plans to pause senior hiring and annual appraisals. This and more in today’s ETtech Morning Dispatch.
Also in the letter:
■ Go Digit’s Q1 report
■ Wipro’s PCB unit facility
■ Navi debt raise
TCS to freeze senior hiring, pause annual salary hikes
K Krithivasan, CEO, TCS
Days after announcing plans to lay off 12,000 employees—roughly 2% of its global headcount—Tata Consultancy Services (TCS) is hitting pause on senior-level hiring and freezing annual salary hikes…
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