Layoffs History in India by Indian IT Companies

Layoffs History in India by Indian IT Companies. TCS, Infosys, HCL Tech, Satyam, Patni, Mastek, Motorola, Capgemini, Sun, Yahoo, Hexaware, persistent and GlobalLogic layoff employees from India offices.

Please find compiled list of all layoffs across Indian IT companies. This list include layoffs from TCS, Infosys, HCL Tech, Satyam, Patni, Mastek, Motorola, Capgemini, Sun, Yahoo, Hexaware, persistent and GlobalLogic.

India’s biggest software exporter, TCS, has asked several employees at its UK office to leave, as the company prepares to trim its payroll costs and cope effectively with the recession.
India’s second largest software services firm Infosys Technologies has downsized 5 per cent workforce at Infosys Australia.
The subsidiary employs 360 people, a majority of them from Expert Information Services — the first acquisition Infosys Australia made six years ago.

IT services company HCL Technologies has asked 450 employees at its Delhi and Bangalore offices to leave. A majority of those asked to leave are on the bench.

According to a HCL Technologies executive, the company had sacked 400 people in Delhi and another 50 in Bangalore in the last one-two months. The firm had earlier asked those on the bench to get assigned to projects or face the prospect of being asked to leave the firm.
T

ainted Satyam Computer has decided to lay off employees from its sales division in order to meet operating expenses and clear its debts. Nearly 10 per cent of its claimed workforce of 53,000 is engaged in providing support functions

Last year, Patni Computer Systems too laid off over 400 employees citing non-performance issues.

Around 59 employees of IT service provider Mastek are said to have opted to leave the company, three days after they were shifted to `virtual bench’ because of slowdown.
Last month, Mastek announced that it is putting 425 employees on virtual bench for the next 12 months following a slowdown in demand. The company had given two days to the 425 employees on virtual bench, the option of leaving the organisation.

More than 200 people Motorola India had hired just a few months ago to drive its mobile handsets business were reportedly laid off late last year. The company is also reported to have issued pink slips to at least 100 of its 4,000 employees in India in December. I
The US mobile phone maker also confirmed that the India operations will also face job cuts as part of its plan to shed more than 3,000 global workforce.

IT consulting and software company Capgemini has reportedly laid-off around 2,000 employees over several months in Bangalore, Mumbai and Kolkata centres.
IT giant Sun Microsystems reportedly laid off over 150 employees in India in January. According to a news report, most of the laid off employees were software developers working at the company’s Bangalore office.

The news report adds that the company may go for another round of lay offs soon. This round is likely to impact support staff from departments like marketing, human resources and sales.
Global search engine and web services provider Yahoo in December last year laid off 45 people from its India operations as part of its worldwide firing policy due to global meltdown.
The pink slips were in line with the company’s guidance given in October for the fourth quarter of 2008, which hinted at terminating the services of about 1,500 employees worldwide during the current quarter.

Pune-based Hexaware Technologies too is reportedly trimming its headcount across India. At one of the meeting HR Head reportedly said that the company would be axing jobs and slashing salaries.

Pune-based Persistent Systems has begun evaluating employees in a manner that would enable it to justify any possible manpower restructuring, including a layoff. Persistent employs over 4,000 across nine development centres in India and abroad. According to human resource experts, such a decision possibly points to a layoff in light of the downturn, which has resulted into a downward revision of IT budgets.

GlobalLogic, one of the largest outsourced product development companies in India, has laid off about 125 employees. While 108 employees were asked to leave ‘due to poor grading in the appraisals’ concluded in October, another 17 were told to leave because their ‘skill sets fell obsolete’.

The over $100-million company, which has delivery centres in Noida, Nagpur and Pune, confirmed the layoffs but said the figure is 115. Over the last two years, Global-Logic reduced its headcount to 2,000 from 3,000.
Courtesy Indiatimes.com