‘Don’t wait’: Moonlighter Soham Parekh tells techies how to outsmart the system as TCS cuts 12,000 jobs
“Do not wait for waiting. Fast learn. Create harder. Your skills are your leverage. Complete the system. Learn the elite better. Stick giants more,” he wrote, Parekh wrote the allegations that the TCs would freeze the leasing of experienced personnel and stop the global salary increases.
The words of Parekh made the discussion viral in an already shaken industry due to business cuts and rapid change. Many technology experts see this as a blunt but timely reminder. Others question the reliability of someone who was previously accused of deceiving employers. In both cases, his comments hit a nerve.
TCS layoffs: what we know
TCS announced that it plans to quit approximately 12,000 employees throughout the current financial year. This constitutes about 2 percent of the global labor force. The decision is part of a wider effort to transform the company to what it calls it to what it calls “ready for the future ..
Disperations often affect medium and senior employees. TCS confirmed that these roles cannot be reshaped to meet future demands. “A few re -relocation and re -deployment programs continue. However, some partners will be published because they cannot be restructured in a way that matches future demands,” he said.
TCS also made it clear that it is not possible to recreate for these positions. Severance pay, career counseling and displacement services will be provided to the affected employees.
The market reacts to jolt
Following the announcement, the market valuation of TCS took a hit. The company lost 28,148,72 crore for two days. On Tuesday, his shares fell by 0.73 percent in BSE. Damla was reflected in NSE.
News sent shock waves through India’s IT sector. While some industrial observers see deductions harshly, others argue that they should take place while reshaping their job roles on the board of directors.
What did tcs say
The company said that the response to the ongoing margin pressures of the movement is the demand of existing skills to incompatibility with developing needs and increasing AI and automation capabilities.
TCS, which employs more than 6.13 people worldwide, shifts its focus on AI -guided solutions, new markets and a more agile labor force. This means leaving roles that no longer fit in this new direction.
Disperations are among the most important company history.
SOCAM PAREKH
SOCI became a home name in the world of technology after being accused of full -time working in multiple attempts at the same time. Suhail Doshi, the founding partner of Playground AI and former MixPanel CEO, claimed that Parekh hunt YC companies ”.
He accepted the allegations. In an previous interview, “I am not proud of what I do. This is not something I have approved. But financial conditions. Nobody really likes working 140 hours a week, but I had to do it from the necessity. I was extremely terrible financial conditions.”
While expressing ethical concerns, his former colleagues called him a distinguished developer. It represents hustle and bustle for some. A stimulating fairy tale for others.
Starek’s message comes to a tense moment for Indian technology employees. TCS deductions are not just numbers. They’re a signal. Traditional occupational safety is eroded and companies demand more simple, sharper, more literate teams.
Many professionals may feel empty, especially for those who are in the middle of the career. But for young developers and developers in margins, the words of Serekh reflect an increasing emotion: trust your skills, not to your employer.
The next step in India’s IT sector may depend on how the labor force responds to this challenge.
