TCS CEO K. Krithivasan's net worth: Amid 12,000 job cuts, top IT executive earns Rs 265200000 remuneration annually

Sneha Kumari | Jul 27, 2025, 20:52 IST
( Image credit : Indiatimes )
Tata Consultancy Services (TCS) plans to cut 12,000 jobs in its 2026 financial year amid AI-driven industry changes. Meanwhile, CEO K. Krithivasan’s annual compensation stands at Rs 26.52 crore... Read more here.
In another major move within the IT sector, India's largest services provider company, Tata Consultancy Services (TCS), is aiming to reduce its workforce by 2 per cent or approximately 12,000 employees, in its 2026 financial year, as per reports that came in on Sunday, July 27, 2025. Amid the TCS layoffs, let's explore the net worth of CEO K. Krithivasan and understand his financial standing.

According to Mint, the company is retraining and redeploying staff in a bid to become more agile and more firm to be ready for the future amid the fears of disruptions in technology, especially due to the emergence of Artificial Intelligence (AI).

Moreover, the company's target is primarily focused on the middle and senior management, as per Reuters. However, this decision will also impact the employees from across the world and the domains where TCS operates.


Who is K. Krithivasan?


K. Krithivasan was appointed as the CEO of Tata Consultancy Services (TCS) after MD and CEO Rajesh Gopinathan stepped down from his role in 2023. Krithivasan is currently the president and global head of the banking, financial services, and insurance business unit at TCS.

According to an excerpt shared on the company's website, "He is responsible for planning and executing growth strategies, improving financial performance, and enhancing customer mindshare and market positioning. He has helped key clients with digital transformation, change management cycle acceleration, achieving value beyond cost optimisation, and establishing IT program governance."

K. Krithivasan's net worth and more


The recently revealed annual report of IT services TCS provided a valuable insight into the C-suite executive salaries in India. According to The Week, the annual report revealed that K. Krithivasan takes home a staggering Rs 26.52 crore in FY2025, which is ₹2.21 crore a month!

The report further mentioned, in the fiscal year 2025, the CEO's salary increased by 4.6 per cent, and this stands in stark contrast to the median salary at TCS, as Krithivasan earned nearly 330 times more than others, which highlighted the significant salary gap within the IT services industry.

His total compensation of Rs 26.52 crore consisted of a Rs 1.39 crore salary, Rs 2.13 crore in benefits (including perks and allowances), and a commission of Rs 23 crore, as detailed in the annual report.

TCS CEO K. Krithivasan |
TCS CEO K. Krithivasan
( Image credit : TCS CEO K. Krithivasan | Credit: X |@Uttupaaji )

FAQs


Q. Why is TCS cutting 2% of its employees in the fiscal year 2026?

Given the possible disruptions from cutting-edge technologies like artificial intelligence, TCS wants to become more adaptable and ready for any obstacles that may arise in the future.

Q. How much does K. Krithivasan get paid in comparison to other CEOs in the IT industry in India?

According to Financial Express, K. Krithivasan's total compensation of ₹26.52 crore for the fiscal year 2024–25 was much less than that of his colleagues. The CEOs of HCLTech, Infosys, and Wipro, for example, received ₹84.16 crore, ₹80.6 crore, and almost ₹53 crore, respectively.

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