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TCS, HCL Info to sack employees in Finland

press trust of india NEW DELHI, 30 JUNE: India’s largest software exporter TCS is planning to sack 172 employees at its Finland…

press trust of india
NEW DELHI, 30 JUNE: India’s largest software exporter TCS is planning to sack 172 employees at its Finland offices by August as part of the process to streamline its operations.
Perturbed by the development, Finnish workers have alleged the move by the company is an attempt to maximise profits at the expense of employee rights.
Tata Consultancy Services (TCS) has a registered office in Helsinki and has an employee strength of about 800 in Finland. It had started talks with employee representatives on 23 April this year on layoffs.
The negotiations were concluded earlier this month and the firm said that at present 172 employees with Finnish contracts can either take a severance package or apply for redeployment opportunities across TCS.
“After staffing of the new organisation, currently there are 172 employees with Finnish contracts who are eligible for taking the industry-standard severance package offered or to choose the option of applying for redeployment opportunities across TCS,” a TCS spokesperson said.
Meanwhile, country’s fourth-largest software services provider HCL Technologies may sack 140 staff at its Finland office, a move, employees alleged, is an attempt to replace local workers with cheaper talent from India.
HCL has a delivery centre and office in Espoo and it is currently in negotiations with the employee representatives over the move to cut jobs. The negotiations commenced earlier this month and will last for about six to eight weeks.
The employees who face job threats are actually former Nokia staff who were transferred to HCL Technologies in March 2013 as per an agreement signed between the two companies.
When contacted, an HCL Technologies spokesperson said: “Any change to requirements in client projects is essentially a matter of discussion between HCL, its client(s) and unions where needed. We do not respond to speculation on such matters.”

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