Subramanian Ramadorai (L), Vice-Chairman of Tata Consultancy Services, Aung San Suu Kyi (C), Chairman of the National League for Democracy (NLD) and Jaime Augusto Zobel de Ayala II (R), Chairman and Chief Executive Officer of Ayala Corporation, Philippines attend a televised session of 'Taking Myanmar to Work' at the World Economic Forum on East Asia at the Myanmar International Convention Center in Naypyidaw on June 7, 2013. Myanmar's investment suitors should be prepared to commit long term to the rapidly-opening nation, experts said, as foreign firms weigh the risks of doing business in the former pariah state.
(L-R) Aiko Doden, NHK senior news commentator, Hiroto Arakawa, vice-president of Japan International Cooperation Agency (JICA), Subramaniam Ramadorai, vice-chairman of Tata Consultancy Services Ltd, Aung San Suu Kyi, Myanmar's pro-democracy leader, Jaime Augusto Zobel de Ayala, chairman and CEO of Ayala Corporation, Annie Koh, vice-president for business development and external relations at Singapore Management University pose for a photo at the "Taking Myanmar to Work" session during the World Economic Forum (WEF) at the Myanmar International Convention Centre in Naypyitaw June 7, 2013.
New Delhi: Tata Consultancy Services, the country's largest software company, may sack as many as 290 employees at its Finland office, a move that the workers say is an attempt to shift jobs to India.
TCS, which has a registered office in Helsinki and has an employee strength of about 800 in Finland, is currently in negotiations with the employee representatives (ERs) over the
move to cut jobs. The Union of Professional Engineers in Finland (UIL) claimed that the jobs at stake were about 412, a figure which TCS said was inaccurate.
If I remember... 412, I believe is the correct number, UIL Director (Collective Bargaining) Ismo Kokko told PTI when asked about the number of jobs at stake in TCS. When contacted, a TCS spokesperson said: The maximum number of roles affected is 290 and not the numbers you have mentioned, which are completely inaccurate.
Tata Group chairman Cyrus Mistry speaks as China's Premier Li Keqiang (L) looks on at an office of software services company Tata Consultancy Services (TCS) in Mumbai May 21, 2013. Shunning the spotlight since taking charge of the $100 billion Tata group in December, 44-year-old Cyrus Mistry has focused on belt-tightening at a conglomerate left bloated by explosive growth under his predecessor. Picture taken May 21, 2013.
Cyrus Mistry, Chairman of India's tea-to-software conglomerate Tata Group smiles as he arrives at the group's software arm - Tata Consultancy Services (TCS) facility in Mumbai on May 21, 2013.
Chinese Premier Li Keqiang, second from right, and Chairman of Tata Group Cyrus Mistry, second from left, pose for photographs along with other Tata Group officials at the Tata Consultancy Services office in Mumbai, India, Tuesday, May 21, 2013. Li told Indian business leaders Tuesday that developing stronger economic ties between their two nations would have huge benefits for both sides.
