Now, Tech Mahindra to lay off 1500 employees |
Now, Tech Mahindra joins its bigger rivals Wipro, Cognizant and Infosys in laying off employees. The company is planning to lay off an estimated 1,500 employees across all levels. With the appraisal season under way for IT firms and reports emanating of such planned layoffs, which the companies call a routine process for letting underperformers go, employees have started seeking government intervention to save their jobs. Fearing more such layoffs, the employees also plan to submit a petition to Prime Minister Narendra Modi, chief ministers of all states and the labour department of all states seeking intervention in this matter without any further delay.
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