TCS Sees Record-Low Wage Growth as Spending Tightens

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has delayed annual wage hikes amidst global macro uncertainties, with employee costs rising just 4% in FY25—the slowest pace on record. The company added 6,433 employees, reaching a total headcount of 607,979. TCS shares have underperformed, falling 20% YTD compared to Nifty50’s 3.5% dip.