New Delhi, May 27 -- 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.

Alongside, the fiscal also saw median salary hikes for its senior-most executives at just 3% compared to 15% in FY24, according to data from its annual report of FY2024-25. The twin developments happened in the backdrop of falling demand for its cars, trucks and buses in the fiscal.

The 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 such fall since 2019-20. In F...