Category: Economics

Cognizant (CTS) President Rajeev Mehta says No Retrenchments – Really?

This entry is part 10 of 19 in the series Struggle Against Layoffs

Mr. Mehta is upholding the fine tradition of Cognizant giving false information to the outside world. When and to whom will Mr. Mehta reveal the truth?

Permanent link to this article: http://new-democrats.com/cognizant-cts-president-rajeev-mehta-says-no-retrenchments-really/

We are not Slaves, Corporates are not our Masters! – Video

This is not the way an employer can treat employees. He can not dictate rules to us. We have fought to win labour rights. There can not be any restrictions on forming trade union and fighting for labour rights.

Permanent link to this article: http://new-democrats.com/we-are-not-slaves-corporates-are-not-our-masters-video/

Layoffs & Employee Rights : Senior Lawyer Balan Haridas – Video

In this speech Mr. Balan explains the salient points of Industrial Dispute Act and other laws related to rights of workmen including IT/ITES employees. What role does the Shops and Establishments Act play? Will joining a Trade Union lead to job loss? Will an agreement signed with the company take away my legal rights? What does the law say about layoffs, terminations and retrenchments?

Permanent link to this article: http://new-democrats.com/layoffs-employee-rights-speech-by-senior-lawyer-balan-haridas/

When IT employees Unite, the Whole Country can be Transformed

We ourselves are not aware of the strength of IT employees. This sector that unites the entire world brings together the employees from all states. If we strengthen ourselves by unionizing we can bring about revolutionary changes in our country.

Permanent link to this article: http://new-democrats.com/union-of-it-employees-can-change-the-face-of-india-it-union-meeting-en/

Views and Law : Terminations not Legal, can be Challenged and Overturned

This entry is part 2 of 8 in the series Senior Wipro Employee

We need to spread awareness on what is Indian law for termination. I have seen 99% of the people leave this matter without checking this if they get another job. This awareness and unions will automatically stop all illegal termination.

Permanent link to this article: http://new-democrats.com/wipro-layoffs-senior-employee-follows-up-legal-information/

Wipro’s Layoff Plan : Senior Employee Prepares to Fight

This entry is part 1 of 8 in the series Senior Wipro Employee

“I am senior employee of Wipro technologies working in Information technology for more than 20 years. Wipro is planning to do mass layoffs and this message is an insight on what is happening as part of this.”

Permanent link to this article: http://new-democrats.com/wipro-senior-employee-prepares-to-take-up-the-fight/

How to save the world from the capitalist madness!

This entry is part 8 of 8 in the series Deriving Capital's Future

From around 2003 the lending was over-extended, and households took out loans that were unlikely to be repaid: the now-familiar story of ‘sub-prime’ and ‘originate-to-distribute’. Significant parts of labour failed to deliver the repayments which formed the income streams of the mortage-backed securities.

Permanent link to this article: http://new-democrats.com/deriving-capitals-future-part-8/

May Day!

The indentured labour system of British period has come back again in its modern garb called “Contract Labour”.

Permanent link to this article: http://new-democrats.com/may-day/

IT Employees Suffer! Share Markets Party! Governments Fiddle!

The corporates look after the share markets, and the governments look after the corporates, employees are left to fend for themselves.

Permanent link to this article: http://new-democrats.com/it-employees-suffer-share-markets-party-governments-fiddle/

Press Release : Stop Cognizant (CTS) HR’s Illegal Activities

This entry is part 9 of 19 in the series Struggle Against Layoffs

We demand that CTS immediately stop the forced resignations and illegal retrenchment of its employees, reinstate all affected employees and create opportunities to re-skill the employees as per the current trends.

Permanent link to this article: http://new-democrats.com/press-release-stop-cognizant-cts-hr-illegal-activities-press-release/

Cognizant (CTS) HR Threatens to Commit Forgery against Employees

This shows the levels to which corporate HR stoops. No heed to labour laws, no respect to the rights of employees, not even hesitant to resort to criminal acts.

Permanent link to this article: http://new-democrats.com/cts-hr-criminal-forgery-against-employees/

Cognizant (CTS) forced resignations : Employee Interview with HR – Audio, Transcript

Taking the risk of his name being exposed, the employee agreed to share this conversation in public. He wants to put a stop to Cognizant’s illegal and inhuman behaviour. He wants his job back and wants all his fellow employees to join hands to fight this.

Permanent link to this article: http://new-democrats.com/cts-forced-resignations-hr-interview-audio/

Cognizant (CTS), TCS, now Wipro – Should We Accept this as Normal?

This entry is part 8 of 19 in the series Struggle Against Layoffs

“HRs in most organizations and even departments are told that they have to identify guinea pigs who can be fired. HR people are rated by how much they can contribute to cut costs to company. “

Permanent link to this article: http://new-democrats.com/cognizant-cts-tcs-now-wipro-should-we-accept-this-as-normal/

TCS in the same Bandwagon of Paycuts, Retrenchments as CTS (Cognizant)

This 25.7% operating margin (Rs 30,324 core) includes money taken through employees’ variable pay cut. That is for every Rupee earned by the employees, 25% is nett of all expenses (salaries, office, travel etc etc).

Permanent link to this article: http://new-democrats.com/tcs-employees-face-the-same-terror-as-cognizant-employees/

Cognizant (CTS) torturing its employees – Mafia fashion!

Are we living in a civilized country? Does CTS have any decency? Should we tolerate this treatment of its employees by CTS?

Permanent link to this article: http://new-democrats.com/cognizant-cts-torturing-its-employees-mafia-fashion/

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