Fewer jobs at Tata Motors, smaller hikes for top deck

For the first time in five years, automotive manufacturer Tata Motors saw its workforce shrink in a fiscal year, when its employee base fell 3% in FY25 compared to the previous fiscal.

- Ayaan Kartik

NEW DELHI:

Alongside, the fiscal also saw median salary hikes for its senior-most executives at just 3% compared with 15% in FY24. The twin developments happened against the backdrop of falling demand for its cars, trucks and buses in the fiscal.

Total employee count of the country's third-largest automaker, excluding employees of its UK-based subsidiary Jaguar Land Rover, fell from 60,113 employees, including workers, in FY24 to 58,442 employees in FY25, the first since 2019-20. In FY24, Tata Motors had increased its workforce by 6%.