Business
A laid off employee of the Tata Consultancy Services in Chennai has posted an audio recording that is purportedly of an exit interview with HR managers.
Updated : Mar 19, 2018, 05:56 AM IST
Controversies haven't dialled down on India's biggest outsourcing company TCS. A laid off employee of the Tata Consultancy Services in Chennai has posted an audio recording that is purportedly of an exit interview with HR managers on the 'We are against TCS LayOff' Facebook page.
In the recording, 'HR officials' are heard telling the employee that there are a few criteria, such as performance rating, skill sets, and unavailability of opportunities on the management ladder, on which she was judged by the team incharge of the decision to terminate her employment.
In the conversation, the employee explains her consistent B and C ratings, asking the HR for reasons behind her retrenchment. An 'HR official' can be heard replying 'We would like to retain our As and Bs... they have done more than the guys who have got a C'. They also refuse to give in more details citing confidentiality.
Related read : TCS lays off over 1500 employees, stung employees to petition PM Narendra Modi
The lay offs have reportedly been made in order to bring in reforms and cost-cutting, despite the 17% growth the company registered in the first half of this fiscal. TCS employs over 3,00,000 in its global workforce. Social media has been abuzz about the alleged mass lay offs with murmurs about the company planning to sack about 25,000 'non-performers' by the end of February 2015. When contacted, TCS declined to comment on the issue.
However, sources in the industry also said that the layoffs at TCS are no more in number than in the last few years. Those asked to leave are reportedly being offered a month's notice, in which they need not come to work, as well as two months of gross salary as severance pay. Many analysts say this is in par for the course in the private sector.