A current put up by Praveen Chakraborty on X (previously Twitter) has sparked a heated debate, highlighting the stark distinction between the salaries of Tata Consultancy Companies (TCS) management and the IT big’s common workers.
Chakraborty, a outstanding determine within the Indian Nationwide Congress (INC), took to X to criticise TCS layoffs this yr, which shook the whole IT trade.
What does the put up say?
The put up shortly gained traction as netizens flooded the remark part with completely different opinions and options.
Chakraborty additionally talked about some naked monetary figures to point out the distinction between the IT main’s leadership-level and employee-level salaries.
- TCS CEO’s annual pay: ₹35 crore
- Prime 5 management’s mixed pay: ₹40 crore
- Common worker’s annual pay: ₹15 lakh
His core argument revolves across the provocative answer, which means that if the highest 100 people inside TCS management had been to take a small pay minimize, it might probably save 12,000 jobs.
“Their lives wont be horrible at ₹2.5cr pay vs ₹3cr,” he said. Moreover, he additionally emphasised the devastating impression on these laid off: “For 12000 households, lives can be depressing at 0 pay vs ₹15 lacs.”
The put up additionally touches upon the rise of synthetic intelligence (AI), with Chakraborty asserting, “AI is actual; mass layoffs needn’t be.”
Wage comparability: Management vs common worker
In keeping with the TCS Built-in annual report of 2024-25, the Chief Govt Officer (CEO) and Managing Director (MD) of TCS, Ok Krithivasan, will get compensated as a lot as ₹27 crore on an annual foundation.
NG Subramanium, who serves TCS because the Chief Working Officer (COO) and Govt Director (ED) will get paid round ₹12 crore every year.
The main points of compensation given to different management roles have additionally been given under:
Netizens react: Considerations and options
Netizens had been fast to react, with opinions sharply divided. An X person commented to sentence the TCS layoffs by stating that “They opened an organization, not a charity.”
Nevertheless, one other X person defended the corporate’s rationale behind the layoffs. “They’re chopping jobs as a result of there’s an over provide…Not to economize…A CEO will get paid as a result of he has a job…the worker misplaced the job .. as a result of there isn’t any work to be finished,” the person famous.
