TCS Finland staff oppose move to lower work force
India's largest software exporter Tata Consultancy Services (TCS) is planning to sack 172 employees at its Finland offices by August as part of the process to streamline its operations.
Perturbed by the development, Finnish workers have alleged the move by the company is an attempt to maximize profits at the expense of employee rights.
Tata Consultancy Services (TCS) has a registered office in Helsinki and has an employee strength of about 800 in Finland. It had started talks with employee representatives on 23 April this year on layoffs.
The negotiations were concluded earlier this month and the firm said that at present 172 employees with Finnish contracts can either take a severance package or apply for redeployment opportunities across TCS.