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Ex-IT employees struggle to get final settlement money Ex-IT employees struggle to get final settlement money BySalonee MistrySalonee Mistry / Updated: May 27, 2021, 06:00 IST response to their plaints Redressal and grievance forums are an important aspect of any functioning society or community. A delay or withdrawal from these forums often leads to chaos and unhappiness. Such is the situation of IT employees in Pune amidst the second wave of the COVID-19 pandemic. There is not a section of the society that hasn’t been affected by the pandemic. Both small and mid-sized IT companies took a hit and laid off several of their employees without their final settlement money. ....
Tata Consultancy Services (TCS), India’s largest IT services player, reported a strong set of numbers for its fourth quarter of FY21, as clients continued to spend on digital services and focused on reimagining their business operations. The biggest takeaway from the Q4 numbers was the order book at $9.2 billion, the highest ever reported by TCS in a quarter since the company started reporting this metric. TCS’ net profit for the quarter was up 14.9 per cent at Rs 9,246 crore year-on-year, and 6.2 per cent quarter-on-quarter (QoQ). Revenue at Rs 43,705 crore grew 5.9 per cent YoY and 4.2 per cent QoQ. For the full year, the company reported revenue of about Rs 1.65 trillion, up 4.6 per cent but on a constant currency basis revenue was down 0.8 per cent. ....
New Delhi [India], March 5 (ANI/Public Media Solution): Techila Global Services announced the opening of new job positions in the company to support the employment drive in the country. The noted Salesforce development company and Salesforce consulting partner looks forward to providing an ideal workplace for deserving professionals in the field of Information Technology. In 2020, several businesses across the board suffered the wrath of COVID 19 as demands and manpower starting dropping overnight. While many organizations had to lay off valuable employees to cut down their costs, others had to close their doors for an indefinite period of time. Now that things are heading towards normalcy, Techila Global Services aims at providing back the lost confidence to the young and deserving employees of the country. ....
Read more about From Cognizant to HCL, India Inc opens up purse for employee retention on Business Standard. HCL had announced a one-time special bonus of $90 million earlier this month to employees around the world as it crossed the $10-billion revenue mark ....