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    Why is TCS (Tata Consultancy Services) firing 12,000 Employees ?

    2 weeks ago

    Why is TCS (Tata Consultancy Services) firing 12,000 Employees ?

    It's because in every large IT services company, there are parasitic employees, who are characterized by the following traits :

    1. 10–25 years of experience. They’ve “settled” comfortably at TCS.
    2. Fat pay packages.
    3. A fiefdom or zamindari that they control very well. 10–50 member teams under them, and they themselves having to report to some SVP or geography head or even a C-suite level employee.
    4. Productivity that justifies neither their experience, nor pay package. This means the job doesn’t need all their experience. It follows their pay package is therefore excessive.

    Point 4 is the key. I’ve personally seen such deadwood senior personnel at firms I’ve worked at over the years. In fact, I reckoned that if these employees don’t turn up for a whole month or two, things will still proceed smoothly.

    Its these employees that TCS wants to shed by 2026. Why 2026 ? Because it will take a year of close scrutiny to identify these termites in each project, each geography and each level above freshers.

    I think this will be good for everyone in the long run. TCS has a whopping 600,000+ employee strength and its almost certain many of these are not contributing — not because they don’t want to, but because their supervisory designation is pretty useless. They may have been in productive posts earlier, but as they bubbled up in designation, they became pretty useless. Often, TCS too “over hires” to increase billing from clients. Now, in the face of geopolitical and macroeconomic uncertainties (especially from the US), TCS wants to reduce this flab and save a few hundred million dollars annually.

    For the laid off employees too, it will be good in the long run. A switch to a more productive role from simply doing nothing, to a jolt to upskill themselves, to just a refresher at life after breaking free from the daily grind.

    PS: AI has nothing to do with these layoffs. The truth is that, most IT services companies and their clients have not really figured what the hype is about and how it will make them more productive.

    The source of this https://www.quora.com/ said about one the fallower and we respect them to all, any how many of you convinced to this TCS (Tata Consultancy Services) firing 12,000 Employees

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