TCS Skips Govt Meet on 12,000 Layoffs, 600 Staff’s Onboarding Delay; Shares Update
Tata Consultancy Services (TCS), one of India’s largest IT companies, has skirted a meeting with the Chief Labour Commissioner, summoned by the Union Labour Ministry official, to discuss its plan to lay off around 12,000 employees and the ongoing delay in onboarding 600 new hires. The meeting was scheduled to take place on January 12, 2023, but TCS failed to appear, citing an email response to the official.
In the email response, TCS claimed that onboarding delays are a common industry practice and that the company will honour all offer letters. The IT services major also took a swipe at the National IT Employees’ Trade Union (NITES), stating that it has no locus standi to intervene in the matter.
The development comes as a surprise, given the gravity of the situation and the concerns raised by employees, unions, and the government. The Indian government has been under pressure to address the growing unemployment crisis, particularly in the IT sector, which has been disproportionately affected by the COVID-19 pandemic.
TCS’s decision to skip the meeting has set off a flurry of reactions, with many calling it a clear disregard for the government’s concerns and the interests of its employees. The IT employees’ union, NITES, has been critical of TCS’s decision, stating that it is an attempt to stonewall the government’s investigation and avoid accountability.
The union has been vocal in its opposition to TCS’s layoffs and onboarding delays, claiming that the company is using the pandemic as a cover to sack employees and replace them with cheaper foreign workers. NITES has also demanded that the government take immediate action to stop the layoffs and ensure that employees are not harmed.
TCS’s decision to skip the meeting has also sparked concerns about the company’s commitment to employee welfare and its lack of transparency. The company has been under fire for its handling of the layoffs and onboarding delays, with many employees complaining about the lack of communication and the poor treatment they have received.
The IT sector has been facing a crisis, with many companies laying off thousands of employees in the wake of the pandemic. The government has been under pressure to address the issue, and TCS’s decision to skip the meeting has sparked concerns that the company is not taking the government’s concerns seriously.
The onboarding delays have also raised questions about TCS’s ability to manage its workforce effectively. The company has been struggling to integrate new hires into its operations, with many employees complaining about the lack of training and support. The delays have also led to frustration and demotivation among employees, who feel that the company is not committed to their growth and development.
TCS’s decision to skip the meeting has also sparked concerns about the company’s commitment to corporate social responsibility (CSR). The company has been touting its CSR initiatives, but its handling of the layoffs and onboarding delays has raised questions about its commitment to employee welfare and its reputation.
The government has been under pressure to address the growing unemployment crisis, particularly in the IT sector. The Union Labour Ministry has been working to address the issue, but TCS’s decision to skip the meeting has raised concerns that the company is not taking the government’s concerns seriously.
In conclusion, TCS’s decision to skip the meeting with the Chief Labour Commissioner has sparked concerns about the company’s commitment to employee welfare, its lack of transparency, and its ability to manage its workforce effectively. The company’s handling of the layoffs and onboarding delays has raised questions about its commitment to CSR and its reputation. The government must take immediate action to address the growing unemployment crisis and ensure that employees are not harmed.
