Cognizant Layoffs : 18,000 employees expected to be Fired

LAYOFFs in Tech Giant – CTS – Expected Soon :

BENGALURU: State IT employee unions in Karnataka and Chennai have said that Cognizant, is planning for a mass layoff. About  18,000 employees across India are in Bench.

Cognizant has indirectly asked the employees submit resignation Letter, as they are unable to secure projects. It is said that, Karnataka State IT employee Union (KITU) spokesperson told The New Indian Express that, a drive calling all Cognizant employees to submit resignations, is started

“The mass retrenchments are happening in violation of the labour laws. We will register a complaint with the State Labour department,” he added.

Employees who face this say that, this is due to their inability to secure a new project. Employees are benched for 30-45 days and are forced to resign, as they donot have sufficient work.

Amidst the COVID pandemic, the reports of Layoffs in the IT/ IT services industry has impacted thousands of employees across the country with the various IT/ IT employee unions approaching the state labour departments , accusing the companies of violating the labour laws.

SOURCE : dailyhunt