Massive layout planned for across geography at CTS. This is part of their cost cutting and restructuring measure. By 2nd quarter, they are targeting to reduce headcount by another 5 percent at least.
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What is next?
I would also like to know more
I Would like to know more
Redeployment has hit Pennsylvania from permanent long standing skilled employees being forced into temp rolls with no choice and then moved to several departments with little warning or options. Salaries locked with no increase to meet level of position being worked, employees given two job offers with no pay increase option or promise of permanent job being kept, if refusal of two lesser level or lateral positions, employee is then given 5 weeks to procure employment for themselves. If employment in the company is not found in the 5 weeks, even if there is nothing being offered to begin with, job loss will still follow.
Layoff happening in India and UK at CTS. Push for cloud skills but with little cloud work actually available - apart for a select few chamachas. I am in CTS management team in UK and involved in interviewing for cloud skills. Under pressure to take cheap candidates especially from offshore who have very little cloud skills
They are buying so many companies but headcount had not increased.what does this mean?
Who has commented nonsense.should take release from his project and see, how's there outside.i f you have 10 years exp, just check how does it feel being out of project my friend.
It's became an one project company.current project ends and you are gone.reskilling just a buzz.no opportunities will be provided.onus is on employee to find project, no matter how long you have served, if you are out of project, you will be treated as external candidate.
Sorry to hear that!! but what was the criteria? long bench period??
This is true.. I was a cts employee andof laid off a month back
nonsense ... don't you have any work to do? you should be laid off first
How you guys get so confirmed newses. Kindly dont spread this kind of rumours