A month ago, Himanshu Sharma was asked by his company, Cognizant, to resign. His services were not required any longer, he was told. It came as a surprise to Sharma, who was hired less than a year ago. "I hadn't expected to lose my job as I was still a fresh hire for them. I was given two options by the company: to either resign and serve the usual notice period or leave within a week and take home a severance package," he says. Within a few days, after he refused, things turned worse. Sharma claims he was threatened by an HR executive, who asked his colleague to "snatch my identity card and kick me out".
Sharma is one of the several thousands of Indians who go to engineering colleges to realise their dream of a good life. The 29-year-old software engineer and a father of one has more than six years of experience. After graduating from a college affiliated to Uttar Pradesh Technical University, he climbed up the ladder from a little-known Information Technology (IT) service firm in Delhi to IBM and then to a well-paying job at Cognizant, an American multinational corporation in Bengaluru. The company provides digital, technology, consulting, and operations services.
'It's mayhem in India's IT sector', screams a newspaper's headline as major IT companies reportedly are on the look out to slash hundreds of jobs. Mint reported last week that the top seven IT firms in India including Infosys, Wipro and Cognizant will lay off at least 56,000 employees this year. The numbers were collated after extensive interviews with 22 former and current employees of the seven companies. Many employees have already been axed or have been asked to resign — Tech Mahindra and Wipro reportedly firing 1,000 and 600 employees respectively.
[Source: Hindustan Times]
-- Sharma is one of the several thousands of Indians who go to engineering colleges to realise their dream of a good life. The 29-year-old software engineer and a father of one has more than six years of experience. After graduating from a college affiliated to Uttar Pradesh Technical University, he climbed up the ladder from a little-known Information Technology (IT) service firm in Delhi to IBM and then to a well-paying job at Cognizant, an American multinational corporation in Bengaluru. The company provides digital, technology, consulting, and operations services.
'It's mayhem in India's IT sector', screams a newspaper's headline as major IT companies reportedly are on the look out to slash hundreds of jobs. Mint reported last week that the top seven IT firms in India including Infosys, Wipro and Cognizant will lay off at least 56,000 employees this year. The numbers were collated after extensive interviews with 22 former and current employees of the seven companies. Many employees have already been axed or have been asked to resign — Tech Mahindra and Wipro reportedly firing 1,000 and 600 employees respectively.
[Source: Hindustan Times]
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