This is not the 1st time that TCS is going for a cut.Just before the TCS IPO they had cut the salary of employees en-mass (5% - 25%) just to show profit & growth,that year TCS posted 45% net growth Y-O-Y and their IPO launch was a HIT.Neither SEBI nor RBI took a notice of that.
Does any one know what's the projected EVA at the begining of the year ? NO because they don't show it to employees.
This is just another TCS stunt,may be they are coming with a FPO.
