IT Employees News

The opportunities for new recruitment and promotions have shrunk in India's IT industry, a phenomenon natural when growth slows down, says an industry expert, who sees no merit in reports about massive layoffs.

FITE has requested the Maharashtra Labour Commissioner to order Tech Mahindra to stop illegal removals of IT employees immediately, and establish conciliation between the management and staff.

Two IT employee groups have flayed the steep hike in compensation awarded to top executives of Infosys, terming the move by the software giant as "painful" amid job losses in the industry.

Hundreds of Indian techies working as software engineers or providing back office services to global firms are setting up a pan-India trade union to protect their jobs amid layoffs by many IT firms, including Infosys, Wipro, Tech Mahindra and Cognizant, said a functionary of a employees forum on Tuesday.

After Chennai and Hyderabad, IT workers' union FITE has now decided to approach the labour commission in Bengaluru to submit a petition to stop the alleged "illegal terminations" happening at Cognizant.

Business models of e-tailers in India are not just running out of steam but even have not worked, says information technology industry veteran T V Mohandas Pai.