Tata Consultancy Services, the country's largest software company, is shutting down its Lucknow centre as part of a consolidation exercise, according to media reports.
The company has confirmed the development and clarified that there will be no job losses as all the staff will be given alternate opportunities. There are 2,000 employees at the centre.
“TCS would like to clarify that it is only consolidating its UP operations in Noida and there will be no job loss as a consequence,” a report in The Hindustan Times quoted the company as saying.
According to the report, the staff were told about the development by the team leaders on Wednesday. There were, however, fears of job losses, as the IT sector is going through a churn with advancement of technology and protectionist policies in some of the export markets.
According to a report in the Business Standard, some of the staff at Lucknow centre will be transferred to the NPO unit the company is setting up in Varanasi. Some others will be moved to Indore.
The report said a group named SaveTCSPlease had written to chief minister Yogi Adityanath and Prime Minister Narendra Modi about the development.
They have alleged that the company's move is affecting the employees, 50 percent of whom are women, as they are being forcefully transferred to other cities.
Published Date: Jul 13, 2017 07:11 pm | Updated Date: Jul 13, 2017 07:11 pm