TCS Layoff To Affect 25000 Employees?
2014, August I guess, a random article in newspaper says, Raghuram Rajan again was pretty confident about a situation, which is called recession. I also read a reply to that article, NaMo's policy will take care of it, if such situation comes.
Today, I heard, one of the biggest IT giants in the world, ---- will lay off approx 25000 employee. Reason is as expected - you do not cope up with us.
Simple reason - Let a fresher and a 10 years employee work on the same project. Both were assigned to do the same work. Both get 25$ per hour from clients as billing (This money goes to ---). Fresher's salary is 20k to 26k, and person with 10 yrs exp is in lacs. So, now --- says, why to pay a 10 yrs exp more, when a fresher can save so much of money for us!!
Second thought - Many associates sitting idle for a long time!! You can not give them a project. Cilprit is you but termination is for employee.
Last thought - What will happen to a person if he/she gets terminated. He is the sole bread owner of his/her family. He is having a loan. He is terminated at an age of 31 or 32, and after that, unfortunatly,he can not apply for any govt. Job.
I have nothing to do with the process in --- and neither I am against of laying of under performance employees, let them go, but a mere talk, I have seen people getting termination later though they have been serving good for the company - where are the so called ethics of ----? Many more companies did this in last recession. Lets see, what happens next. --- has cut the ribbon for the employee torture program.