It hasn’t been long since Tata Consultancy Services (TCS) announced intentions to lay off two per cent of its global workforce, primarily affecting middle- and senior-level managers, this year. While TCS has maintained that the move is aimed at streamlining operations, ensuring agility and keeping pace with tech changes, the Forum for IT Employees (FITE) is already raising its voice against the decision calling it unfair and unlawful.
Unions are seeking withdrawal of the decision, as they feel the company is focusing only on profits, especially since TCS appears to be facing no financial crisis.
The Indian multinational software exporter, is gearing to let go two per cent of its global workforce. With several reskilling and redeployment programmes already having started, the company has shared that it plans to let go employees who cannot be redeployed. That means about 12,000 employees are likely to be laid off with adequate benefits and support.
While TCS has assured complete support to the impacted employees along with all benefits in accordance with the company policy, employees have been urged by the unions to not give in to the company’s pressure to resign voluntarily. They have been advised to keep a record of all exchanges or interactions with company representatives; and that they should contact FITE or the State Labour Commissioner if they feel they are being pressurised to submit resignations.
The Karnataka State IT/ITeS Employees Union has warned TCS against coercing employees to leave and has urged the firm to ensure that those leaving be provided all benefits due to them, including pay for the notice period along with severance packages, and a year’s insurance cover.
