Recent Event Highlights: Is more layoffs planned by TCS at its UK centre?, TCS lays off UK Staff; Infy, Wipro to cut onsite staff - Siliconindia.com, Infy admits to price revision, IT disarray continues - Moneycontrol.com, TCS has not resorted to layoffs: Ramadorai, and 9 more...
Created by dipity on Mar 4, 2009
Last updated: 10/30/10 at 07:56 AM
Tcs Layoffs has no followers yet. Be the first one to follow.
When It Comes to Outsourcing, India's Up But IBM's DownCIOBoth TCS and Infosys report business growth; IBM, however, reports a downturn in its outsourcing business. Once again, Indian outsourcing companies are ...and more »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fadvice.cio.com%2Fbeth_bacheldor%2F10112%2Fwhen_it_comes_to_outsourcing_india_s_up_but_ibm_s_down&usg=AFQjCNHuE749KKcVuIXCrla-tCu7-P3ZPA
Laid off techies back in demandFinancial ExpressTCS and Infosys have announced plans to hire 30000 and 24000 respectively this year. Is there a stigma attached to those who were once shown the door? ...and more »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.financialexpress.com%2Fnews%2Flaid-off-techies-back-in-demand%2F604871%2F&usg=AFQjCNG44tRnUaKmE8Azyr3oWhXQvGfJfQ
Knowledge@WhartonSpeedy Recovery: India's Job Market Heats UpKnowledge@WhartonSo has India's biggest IT company, TCS. Wipro had given raises earlier this year. "As the IT industry moves from the hormonal exuberance of adolescence to ...
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fknowledge.wharton.upenn.edu%2Findia%2Farticle.cfm%3Farticleid%3D4466&usg=AFQjCNE8cXTsdEVBYNjhdWq5-bteUdI05A
Bigside Girls Hockey Plays To A Tie In ItalyNorthumberlandView.caThe TCS Bigide girls hockey team is spending the last week of the March Break on a European hockey tour, with their first game being this past Sunday, ...
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.northumberlandview.ca%2Fmodules.php%3Fop%3Dmodload%26name%3DPagEd%26file%3Dindex%26topic_id%3D7%26page_id%3D2062&usg=AFQjCNEfqbessnrRWblJA6fHL2P5RzGyUg
Moneycontrol.comSlowdown woes: Hexaware cuts employees' salariesMoneycontrol.com, IndiaHit hard by the global slowdown, IT companies around the world — and including in India — have resorted to employee layoffs and salary cuts in a bid to cut costs. Reports said leading Indian tech companies like Infosys, TCS and Wipro have resorted to ...
http://www.moneycontrol.com/india/news/business/slowdown-woes-hexaware-cuts-employees-salaries/387744
Business LineThe ‘drop’ can only get biggerBusiness Line, IndiaCiti Group recently sold its BPO arm CGSL to TCS and its infrastructure management arm Citicorp Info Tech to Wipro. Does the sell-off trend worry Polaris in which Citi holds about 43 per cent? No, says Gupta, “Citi’s investment in Polaris is through ...
http://www.thehindubusinessline.com/ew/2009/03/02/stories/2009030250100300.htm
Excerpt
...are said to be an expensive lot to keep on the bench, and marketing. Giving reasons for the over 100 layoffs in the UK office, TCS CEO & MD S Ramadorai said that either the contracts of these employees had ended, or can be due to bad performance. He added...
Source Info
Invest Money in India
Related Topics
http://feedproxy.google.com/~r/InvestInIndia/~3/f43MxgZdmRQ/
Siliconindia.comTCS lays off UK Staff; Infy, Wipro to cut onsite staffSiliconindia.com, IndiaA TCS spokesperson confirmed the layoffs to ET. "To stay competitive and drive internal efficiency in a difficult operating environment, TCS UK has decided to optimize its operations. This has resulted in some involuntary attrition affecting fewer than ...
http://www.siliconindia.com/shownews/TCS_lays_off_UK_Staff_Infy_Wipro_to_cut_onsite_staff-nid-53020.html
FrontlineHigh and dryFrontline, IndiaOver the past year, companies such as IBM, Tata Consultancy Services (TCS), American Express, Goldman Sachs and Sun Microsystems are reported to have laid off several employees. Some companies have increased the working hours without increasing ...
http://www.frontline.in/stories/20090313260501400.htm
Moneycontrol.comInfy admits to price revision, IT disarray continuesMoneycontrol.com, IndiaInfosys also said 4-5% of its workforce could go in for involuntary attrition — that’sa euphemism for employee layoff. The tech major added that it could tweak the variable pay, which makes up for 6-7% could be tweaked downwards. TCS is also leveraging ...
http://www.moneycontrol.com/india/news/business/infy-admits-to-price-revision-it-disarray-continues/385812
OutlookSatyam Getting New Contracts: CEO MurtyOutlook, IndiaEarlier Infosys, TCS and mid-sized IT firm Infotech had said some Satyam clients have approached them. In January, State Farm Insurance Co of the US terminated its contract with Satyam. Its other key customers -- GE, Nestle, Coca Cola, and National ...
http://news.outlookindia.com/item.aspx?653781
Excerpt
...according to company sources who declined to be identified. Last year, TCS laid off 500 people after poor appraisals. The layoffs are a part of an employee utilisation exercise for the information technology (IT) company, which employs 1.12 lakh people. The...
Source Info
Hindustan Times
http://www.hindustantimes.com/redir.aspx?ID=be6b8d2e-6e0d-4c0e-b9cc-b6790ed56c7d
Excerpt
...resorted to layoffs and said removal of underperforming employees was a natural and continuous process undertaken by the Company. TCS Managing Director and CEO S Ramadorai told newspersons here on the sidelines of the launch of ''India Naturally'', a book...
Source Info
Sify
http://sify.com/finance/fullstory.php?id=14601394
Update Sources