Today TCS has sent an officiall mail individually to those who have less than 2 years of experience. The mail asked them to resign from TCS. They have been given one month notice period. It seems the initial head count comes around 2500 people. The reason stated is – Q3 target is not acheived.
Though people have worked as they use to work on any other quarters, it is because of Stock market gambling and USA subprime crisis TCS failed in reaching its targets. To mention it more clearly, it is not even a loss to TCS. It is just the lack of their profit that drives innocent employees out.
Incridible India???… No guys it is actually Insolent India.
Source: Net Pals
Newscap
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