Thread regarding Cognizant layoffs

CTC wants attrition to increase by another 10%. managers instructed to let work env to worsen so that more staff leave voluntarily

CTC wants attrition to increase by another 10% min. Managers have been instructed to let work env to worsen so that more staff leave voluntarily, by imposing more work load, unfair appraisals, scapegoating etc so that there is no need to layoff and associated costs and reputation issues.

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Post ID: @URt56HY

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Heard around 200 D+ are asked to leave

Post ID: @URt56HY-fjth

better explanation is here

A 'sell-by' date for employees? Fixing ageism and rethinking retirement

According to the AARP, there are signs older workers can watch out for:

Older workers are being fired or offered buyouts, and younger ones are being hired.The most

common term for this is "culture fit."

You are reassigned to unpleasant duties.

You start hearing tacky comments about your age.

You stop getting raises.

Your performance reviews tank.

Post ID: @URt56HY-4lih

but most of the dead wood have become managers, hence this type of stupid ideas can be easily implemented, and are working.

there is no dearth of unemployed in India so we can hire thro third party rolls anytime and promote exploitative employment in India

Post ID: @URt56HY-4squ

Unless they do selectively, this strategy will not work and that is not easy to do. Generally, employees who are good are the first to leave on their own and dead-woods will stick around until they are layed-off. This is a losing proposition.

Post ID: @URt56HY-2ald

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