" Main Reasons Behind the TCS Layoffs Protest "
1. Job Cuts Are Too Big :
Tcs stated officially that it is offloading approximately 12,000 workers (roughly 2 organs of staff) But, employee unions (such as UNITE) assert that as many as 30,000-40,000 employees might lose their jobs in reality.
The employees believe the company is concealing the truth.
2. Experienced Staff Replaced by Freshers :
A lot of those who will lose their jobs are mid-level and senior staff with a decade to two decades experience.
They are being displaced by new graduates who get paid
significantly less (circa 80-85 percent reduced salaries).
Workers term this as unjust and economizing and not really
related to skill misfit.
3. Lack of Reskilling :
Workers think that TCS ought not to retrench employees but
re-skill or train them in the new fields, such as AI or the cloud.
They claim that, through investment in training, people
might be adjusted to new technologies by TCS.
Rather, the company is eliminating them and replacing them
with cheaper labourers.
4. Employee Stress and Fear :
• Other employees, not yet laid off are scared.
This is because, many claim to be under pressure to resign
rather than be retrenched through proper channels.
This builds up an atmosphere of fear and insecurity within the company.
5. Unfair Treatment :
Certain employees also reported that they did not receive a
reasonable notice or severance pay.
Some even report that people cannot even receive their salaries,
which are owed.
In Pune, one employee has gone on a protest, sleeping
outside the TCS office with a letter seeking his salary.
6. Profits vs People :
• TCS
remains a highly profitable firm.
• Top
management received giant pay raises and bonuses (CEO receives approximately 26
crores in a year).
• The
firing of thousands of workers does not seem right to individual employees
seeing the company is making profits and rewarding leaders
• Unions
call this “corporate greed.”
7. Effect on the Families :
The majority of affected employees are between their 30s and
40s, have families, have loans and commitments.
It is extremely difficult to get new employment at this age,
especially in the fields of IT where young people with new skills are required.
This makes family lay offs more painful and risky to families.
8. Larger Industrial Phobia :
This is treated by the workers as an alarm to the entire IT
sector.
• The job
of support, testing, and maintenance, with AI and automation is in danger of
disappearing.
People fear that since TCS, India largest I.T. Company can reduce jobs to the extent that it did, other IT companies will also do the same
9. Labor and Worker Requests :
Employees unions (such as UNITE and CITU) are requesting the
following:
* Put an
end to enforced resignations.
Provide education rather than laying-off.
* Pay
decent wages and give warning.
Government protection of the IT employment o Government interference in supporting IT
employees
In Short :
Workers are revolting, as they believe:
Layoffs are too large and secretive.
An old employee base is being saturated by budget freshers.
It is not even like they are being trained they are simply
thrown out there.
There is pressurizing to resign by many.
• The
profits of TCS do not stop it cutting down on jobs.
Mid-career workers and families are suffering terribly.
Thus, the issue of losing jobs is not the only reason that
the protests are concerned with the whole lot about fair play, dignity and
future of Indian IT workers.
