TCS Will Not Follow Wipro, Cognizant In India
Hyderabad; Leading IT Companies in India like Infosys, Wipro, Cognizant came up with statements that there will be huge layoffs in coming days which created panic in IT employees in India.
Seven IT majors are getting ready to layoff employees. In Hyderabad alone, ten thousand employees are going to be sacked according to one estimate. The managements have been sending pink slips in a big way. Eight employees of Cognizant have approached the labour department of Telangana government.
But here is a good news for them from TCS. The CEO of TCS and MD Rajesh Gopinathan assured that there will be no sacking of employees in TCS and, in fact, they will hire some employees.
The news was confirmed by TCS spokesperson who said the company has plans to expand its operations and wishes to take active part in making Digital India which is a welcome sign for IT employees who are fearing recession.