* Urgent Update * TCS is currently undergoing significant restructuring, which unfortunately includes massive layoffs in 2024. This is a stark reminder of the volatile nature of the IT industry and the unpredictable challenges we all face. It's... — read more
all set for layoffs in India thro forced exit of benched folks through subtle means once general elections conclude
silent layoff in full swing
Managers ba----g thier heads to walls after seeing low grade freshers techies perform like call center folks.
Latest is 1800 US employees being laid off with 2 weeks severance. Big change from the company that doesn’t pay, but in theory will not lay you off. If you are not allocated right now, or might be unallocated soon, might be a good idea to look for... — read more
Heard from some old Pramerica/TCS colleagues/friends that people on the bench more than 3 months are now being asked to take ‘voluntary’ redundancy. I’m guessing the package offered is not great beyond statutory. I also heard the ‘asked’ was more... — read more
Dissapointed with the severance package?
As a FYI ,zoom did a major layoff and they based it on which employees were not attending regular meetings. So a pro tip would be to attend every meeting you are invited to regardless of how d-mb it is. We survived Covid but will not survive the... — read more
CSI cuts 500. No two weeks notice. They demand two weeks from employees when the resign, but layoff in four days. Very disgusting. Everyone who got laid off must find a way to connect. Possibly Violation of federal WARN act.
Does anyone know what the standard layoff package is at TCS USA and how do years of service tie into it. Need to figure out how much runway we get
Rumor has it there were layoffs in CNSI NA a few weeks ago and now TCS is asking every manager to review what each of there employees are doing on an hourly basis. This is in preparation for a major layoff in NA as general consulting in IT is slowing... — read more
Tata Group - Major player in Indian Steel cartel selling steel at twice the price in India - Zero investment into modernization of plants. So Ethical...........
Cults Excommunicate member- Is TCS a cult. Its proven to be
As per policy will Tata group excommunicate Rajesh Gopinathan who resigned and wont allow rehire any where in the group...
Poor Rajesh Gopinathan there will be gap in his employment,
Lower middle management of is full of slackers and their stooges hired from NITs in 90s
Fast Growing bench - slackers from taken over government firms to be show door ?
20% work force on bench.
Payments to analyst firm(sales promos) hit profit margins. highly incompetent Engagement teams cant move an inch without analyst firms help
Stagnated folk (Workin on routine app support, Maint, incident mgmt, rele/ mgmt, testing etc and benched for more than 6 months) being asked to look for jobs outside The full throttle hiring was actually done over last year, so that there are enough... — read more
None is scared off layoff in Indian IT firm. Just need to quit the big cities and you can live in peace in the rural home . As such we IT folks re like prisoner of city earning and spending big money and always unsure of future while the folks... — read more
l tranche of 50000 senior employees aged 50 and above identified for councelling (forced retirement).
Hiring freeze soon for lateral hires. Only fresher bakras allowed
VRS being offered or older employees. it will be compulsory. Min100000 oldies to be sent home in next 18 months
Time to hike salaries as and when steel prices are hiked (QOQ) and per sq foot rate of apartment increases
For anyone seeking a job with TCS ( TATA Consultancy), I would strongly recommend you not take or pursue such action. The management is absolutely inept , and HR is as useless as ti-s on a bull. The left hand does not know what the right is doing... — read more
Tata steel - Steel cartel jacks up price and looting Indias - extreme profiteering after blocking imports. Treason against Indians.
TCS a heaven for slacker and incompetent folks - They can become managers and stay life long in TCS.
TCS needs to see of atleast 80% of tit global delivery manager category staff. They arenot adding value or serer any purpose.
Major layoff happening https://www.theverge.com/2020/7/27/21340993/intel-hardware-chief-venkata-murthy-renduchintala-leaving
Does any one know of US employees get severance package if they’re terminated. Thanks
Major middle level shakeout in the offing next quarter - market flooded with TCS manager resumes. Cost cutting mostly likely to be brutal as rates drop to historic lows.
Digitate is the TCS AI venture, and ignio is the product. This FY Digitate switched to a product-only revenue recognition for most sales reps. Many have territory that they can only sell into accounts with no TCS services. Morale is shot, everyone is... — read more
TCS belongs to Tata group a huge sinking ship with almost firms making huge losses. The overprices low quality automobiles they trying to sell in india are being avoided by indians as the cartelized indian automobiles families (bajaj, M&M, Tata... — read more
I was given a contract for 6 months to work in one of the esteemed customers in Australia. I was outperforming and meeting all the expectations. They made 2 resources do the work that a team of 5 would normally be doing. My contract was cut short to... — read more
Skill not important gap is important- TCS hiring is joke - clients beware
GAP analysis - TCS version is revolutionary gap analysis means calculating the cumulative gaps using their recruitment software. Skills and capability are secondary, gaps are primary filters by which TCS selects junk staff . How did ratan tata come... — read more
lot of managers to be laid off in June. Government silenced using huge donations