Surely damage control. It was on 27th july the layoff announcement was made so hardly 10 days. Initially they also mentioned hike freezed. Damage control is done due to below events post 27th july.
- No positive movement in share price so lost investor confidence.
- Widespread negative sentiment across the organization, media and professional networks.
- Naukri website reported 1.5 lakh tcs people applied for jobs post the layoff news.
- Project allocated people also want to switch instead of being under fear.
People have lost confidence. Discussions on floor consists of:
- Mid and senior level are worried for their job security.
- C2 and below know that they can be next target so they also want to move out instead of being in an uncertain situation.
Please don’t fall in trap. It is a PR after layoff news
Damage control!!
True 😂😂
Let's see how much they revise...
When will we see the letter btw?
Congratulations guys 🎉🎉
This is just news, they cannot undo damage what they already made. Ceo and hr head is the most earning person. First, they have to adjust their salary if tcs went in this conditions not employee fault.
We have to continues retaliate, as tcs we have unite...how can they give pip, band distribution, layoff and decrement of salary
