TCS Layoffs: Union of IT-ITES employees demonstrated in several cities accusing TCS of abolishing 30,000 jobs.
TCS Layoffs: Union of IT and ITES employees demonstrated against TCS in several cities of the country on Tuesday. The union alleges that the company is cutting about 30 thousand jobs. The union has also supported the Center of Indian Trade Union Citu. He says that the impact of the retrench will be serious on the lives of the employees and their families. The union alleges that the real figures may be more than the company's stated.
The company clearly denied
The union also wrote on social media that, "TCS is being illegally trimmed by a large scale. Especially mid-career employees are being targeted. On the other hand, TCS has completely rejected these allegations. The company says that these claims are wrong. The company made it clear that the change will be affected by only 2% of its 6 lakh employees.
Compensation and help in finding new jobs will be helped
TCS says that the company is making this change so that the organization can be prepared for the future. Now the company will pay more attention to Cloud, AI and digital technology. Employees who go to the job will be helped in compensation and finding new jobs. According to the Reuters report, TCS may end more than 12,000 jobs. Experts believe that this may begin a major change in India's $ 283 billion IT sector due to AI. It is believed that about 5 lakh jobs may end in the next 2-3 years.
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