IT companies are threatening to blacklist the techies if they refuse to resign:
![]() |
IT industry layoffs: 10,000 to 15,000 IT employees in Pune may lose their jobs |
The Forum for Information Technology Employees’ (FITE) Pune Chapter has helped a few Cognizant employees file pleas in the office of the labour commissioner.
Elavarasan Raja, who is a member of the Pune chapter of FITE told the Indian Express that they are hoping to file similar petitions for employees of other companies, which have allegedly started to layoff their employees.
The pincer attack of visa restrictions and automation have made an impact on employment in the IT sector.
Recruiters have predicted that the IT industry may cut as many as 2 lakh jobs in this fiscal.
FITE sources have told the Indian Express that as many as 10,000 to 15,000 IT employees may lose their jobs in Pune alone. The sector employs some 3.5 lakh people in Pune.
Read more at - IT industry layoffs: Cognizant staff take tech giant to labour commissioner; FITE sources say sector may see 10,000-15,000 jobs lost in Pune alone
IT Employees, Know Your Rights - Forum for IT Employees:
Related Story:
2) Cognizant President Rajeev Mehta writes to employees, assuages layoff concerns
1) Job crash in IT industry may crash Pune real estate market
Subscribe for Free!
To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog
Feel free to call me:
I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.
My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.
If you want my advice, feel free to call me on 919860044110. First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.
Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .
For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:
Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001