Key Highlights:
✔ TCS CEO earns ₹35 crore/year, while average employee salary stands at ₹15 lakh.
✔ Netizens suggest top execs take pay cuts to prevent 12,000 layoffs.
✔ Congress leader’s viral post questions ethics of mass firings amid rising AI disruption.
TCS Salary Divide Fuels Outrage Amid Layoffs
A recent post by Indian National Congress member Praveen Chakraborty on X (formerly Twitter) has gone viral, reigniting the debate over executive compensation versus employee job security at Tata Consultancy Services (TCS). The post highlights the staggering pay disparity between TCS’s leadership and its workforce—raising tough questions about corporate responsibility during mass layoffs.
The Numbers Behind the Controversy
Chakraborty’s post laid bare the financial contrasts:
- TCS CEO’s annual salary: ₹35 crore
- Combined pay of top 5 executives: ₹40 crore
- Average employee’s yearly earnings: ₹15 lakh
His argument? If the top 100 leaders took even a modest pay reduction, 12,000 jobs could be saved. “Their lives won’t be terrible at ₹2.5 crore instead of ₹3 crore,” he wrote, adding, “But for 12,000 families, zero income means misery compared to ₹15 lakh.”
AI vs Human Jobs: A Justification for Layoffs?
The post also tackled the role of artificial intelligence (AI) in workforce reductions. While TCS and other IT giants cite AI-driven efficiency as a reason for downsizing, critics argue that cost-cutting at the top could offset job losses. “AI is real, but mass layoffs don’t have to be,” Chakraborty asserted.
What TCS’s Annual Report Reveals
According to TCS’s 2024-25 integrated report:
- CEO K Krithivasan’s compensation: ₹27 crore
- COO NG Subramanium’s earnings: ₹12 crore
With such figures in the spotlight, public sentiment is divided. Some defend TCS’s market-driven pay structures, while others demand accountability—should corporate leaders share the financial burden during turbulent times?
As the debate rages on social media, one thing is clear: the conversation around fair wages, job security, and ethical leadership in India’s IT sector is far from over.
Leave a Reply