TCS ends layoffs, restores April salary hikes amid ₹13.7bn profit and Nashik harassment probe

**TL;DR** Tata Consultancy Services has concluded layoffs and reinstated salary hikes, coinciding with a ₹13,718 crore profit and ongoing police investigations into harassment allegations at its Nashik facility.

Tata Consultancy Services has completed its workforce rationalization, reinstating its standard annual salary increment cycle beginning April 1. This move follows a period of significant change and comes amidst strong financial performance and a separate legal challenge.

The company recently reported a net profit of ₹13,718 crore, marking a 12.2% increase year-on-year. Revenue also rose by 9.6% to ₹70,698 crore. This financial growth underpins the decision to resume regular employee compensation adjustments.

The conclusion of workforce adjustments ends a period of uncertainty for employees. The company will now revert to its usual appraisal timeline for salary increases.

Concurrently, Nashik police have filed at least nine First Information Reports (FIRs), a formal record of a cognizable offense, and detained several individuals. These actions relate to alleged sexual harassment and forced religious conversion at TCS’s Business Process Outsourcing (BPO) facility in the city.

The company is moving to restore employee confidence and operational predictability. Its financial results reflect a robust performance. However, the ongoing police investigation introduces a complex external challenge.

Observers will now watch how TCS manages its return to normal operational cycles while addressing the serious allegations emerging from its Nashik unit.