The united front will urge the government to hold an open house discussion by inviting all the stakeholders including IT captains and employees
Infosys had announced that it could hand out pink slips to hundreds of mid and senior-level employees as it carries out bi-annual performance review amid a challenging business environment.
The Forum for IT Employees is asking those being laid off to take written statements from the companies explaining in no uncertain terms why they are being sacked
There have been reports suggesting that over 50,000 people could be laid off this year from companies like Wipro, Infosys and Cognizant
IT professionals should be able to shift and guide their dreams to the new reality, say experts
There are fears that thousands of employees in the sector could be shown the door over the next few weeks
TCS’s share buyback programme, which received shareholder approval last month, will open on 18 May and close on 31 May
Pink slips are likely for jobs in manual testing, technology support and system administration since these are increasingly going to be managed by AI and robotics process automation based systems.
"In the name of cost cutting, Infy has been doing the unthinkable. In such conditions, why would they still spend money on shining the white pebbles in front of K9 Bldg, BBSR DC?" a staff asked in an FB post
At a time when Indian software companies like Wipro, Infosys, and Cognizant have decided to downsize, the revelation that TCS is not going to follow suit is a welcome move.
Telangana officials met with Cognizant and IT employees representatives after FITE alleged that the firm is illegally laying off thousands of employees by forcing them to resign
HCL Technologies said a majority of its 12,000-strong workforce in the US are locals and said it will be able to navigate through any H-1B visa related challenges
Pink slips are being handed to the employees with a demoralising advise that they hadn’t performed well. When it happens to be people in their 30s and 40s, it’s far more devastating
The pain of job losses is visible in other sectors as well. This makes Narendra Modi's task of employment generation a lot tougher.
Firstpost special: Cognizant adds grist to Trump H1B visa assault, says no cost benefit in outsourcing
In a departure from niceties on the global outsourcing model pioneered by Indian IT giants, Cognizant CFO Karen McLoughlin said the gap in the price tag dangling on an H1B worker and a local American techie is now next to nothing.
Apart from Cognizant, Wipro and Infosys are also expected to hand out pink slips to hundreds of employees as part of their performance reviews.
Employers may find younger workers doing more for less if mid-level folks do not match elementary skills with more value. These are clear signs of a slowdown in growth and a reality check.
As per the data, of the 30 firms that received H1-B visas, 19 firms were headquartered in the US, with nine in India and two in France
The company said it will open four new technology and innovation hubs across the US focusing on artificial intelligence, machine learning, user experience, emerging digital technologies, cloud and big data
There is great shortage of talent in the IT sector in the US