Categorized | India

TCS Lays Off 500

Close on the heels of IBM India, another heavy duty IT employer has now sacked 500 computer engineers. According to various newspaper reports, TCS has laid off 500 computer engineers for below par performance in the annual appraisal. TCS is India’s largest IT company in terms of revenue and has the highest number of software engineers in India on its pay roll.

The company may claim that the move is motivated to keep staff with better performance, but I strongly suspect that other reasons like appreciating rupee, slow down in the US economy etc. could have played a major part.

If we believe the claims made the company, the thing that would surprise me the most is, how come these supposedly “low performing” engineers were hired in the first place and in such high numbers. Last I heard, the selection process used to be pretty rigorous. Along with so many retrenched engineers, I would like to see a few corporate HR heads roll.

Also, what about the severance packages. Do the companies compensate the laid off worker wee bit generously, which can hold the worker in good stead and make the whole process of looking for a new job and subsequent transition possibly smooth.

Above all, what I really fail to understand is, why does the company have to blow the trumpet about “asking the employees to resign” because of supposedly “performance issues” when they could have chosen the more sensible and smarter route of being at least politically correct if not genial altogether.

Company not only wants to fire the employees but give them a publicly announced negative appraisal, thus making it even more difficult for the engineers to look for a new job.

Not sure what the TCS executives had in mind, whether they wanted to escape guilt by laying the complete blame on these engineer or wanted to put a facade of stringent quality to impress a potential client, they have ended up making a complete media circus out of this issue.

    7 Responses to “TCS Lays Off 500”

    1. swapnil says:

      The companies are doing really bad.

    2. Dei says:

      I completely agree. Why did they have to publicise the performance of the laid off even if that was true.

      I wonder why is any HR never laid off? Do they not have a performace criteria?

    3. Reena says:

      What TCS has done is indeed very harsh. Now other IT firms are in stride with this decision.

      To you question Dei, HR personnels are never laid off, but terminated or is forced to resign.

      Also, scope for HR personnels are very limited in the IT sector atleast. They act as the face of the Company, but decisions do not lay in their hands. Sorry to mention this hard fact but this is what is true.

    4. JAYANTA says:

      I BELIEVE WHAT TCS HAD DONE IS NOT HARSH AT ALL .AFTER ALL THE MOTTO OF SERVICE IS PERFORM OR PERISH.AFTER ALL NO COMPANY WILL KEEP HIGH PAID PROFESSIONALS WHO ARE NOT AT ALL PERFORMING WELL

    5. Jayanti says:

      Jayanta’s comments are completely CRAPPPPPPPPPPPPPPPPPPPPPPPP!!!!!!
      GET WELL SOON!

    Trackbacks/Pingbacks

    1. […] Yahoo employees describe the company atmosphere as akin to a graveyard. Employees have been waiting in fear for that email informing them about their dismissal. There is some solace at hand though, management is being upfront in telling the workers that its a business decision and not giving it a facade of poor performance etc. unlike some other companies which laid of recently. […]

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