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TCS layoffs: IT union NITES writes to Minister Mansukh Mandaviya, calls job cuts ‘outright illegal’ and ‘unethical’

The Senate of the New Information Technology Employees, a CTS employee Association, called his dismissal in TATA Consultancy Services (TCS) as “inhuman”, “unethical ve and illegal illegal illegal.

On Monday, the Union Labor Minister Mansukh applied to intervene in Mandaviya and demanded immediately stopped all termination and demanded that the affected employees be restored.

More strict measures for IT sector

Nites, who previously received Cudgels on behalf of more than 300 InfoS internships on mysuru campus, advocates the framed of more strict measures for the IT sector. The union also claimed that the industry is currently deprived of employment guards.

Apart from the demands of stopping business cuts and the restoration of employees, he called for “investigation of the systemic model of forced outputs, investigation, recruitment delayed and illegal directions by TCs”.

A quick look at TCS layoffs

India’s largest IT Services Company TCS announced on Sunday that it plans to establish about 12,200 employees or 2 percent of global labor this year. Most of the effect will be felt by medium and senior employees.

“The law clearly states that no employees who serve more than a year of notification or fees are not paid for a month, unless they pay legal pusing compensation and not declare the government,” Nites said.

In addition, the Union claimed that TCS did not comply with any of these requirements.

Destructive effect on employees

Nites said that thousands of professionals will suddenly lose their livelihood with families, EMIs and financial commitments.

Harpreet Singh Saluja, the President of Nites, the psychological, emotional and financial trauma of this movement is unimaginable.

Also read | TCS layoffs: In contact with the Technology Company of the Ministry of IT, watch closely

Saluja also said that the movement proposed by TCS will “normalize work insecurity, erode employee rights, and trust India’s employment ecosystem”.

Nites also gave a warning on the regulation of country -wide protests, legal campaigns and public demonstrations if justice is not presented.

Report on Jeferveries Dispensed

Meanwhile, Jefferies, “Dispection of TCS – a canary in the mine?” He said that the company’s decision to reduce 2 percent of the labor force can cause execution shifts in the near term and increase the wear rate for the company in the longer term.

The report also stated that the latest events reflect a weak demand environment for the sector.

Also read | TCS is fired: it is great to cut more than 12,000 jobs. Here are what we know
Also read | TCS dismissal: Should investors worry as the company wants to shoot 12 thousand employees?

Jefferies’s report also said that although he is not the best payment manager, TCS maintains his level of wear than the industry because it offers employees a long -term career and business stability.

“In the near term, ongoing layoffs will damage the morale of the employee and can lead to potentially execution shifts. In a long time, such policies can provide a sharp increase in wear, similar to those seen in Cognizant in the 2020-22 period.” He said.

(With inputs from PTI)

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