Overview
- TCS awarded 100% Quarterly Variable Allowance to over 70% of its workforce for Q1FY26, guaranteeing full payouts for employees up to C2 grade.
- Payouts for C3 grade and above are tied to individual business unit performance under the attendance-linked QVA framework.
- After three consecutive quarters of headcount decline, the company added more than 5,000 employees in Q1FY26, bringing its total workforce to 613,069.
- CEO K Krithivasan cited ongoing geopolitical conflicts, economic uncertainty and supply chain disruptions for project delays and continued weakness in discretionary client spending.
- TCS has committed to honoring all outstanding job offers through the end of the year and plans to recalibrate lateral hiring based on demand forecasts.