Category: Economics

Updates on unfair, illegal and deceptive layoffs by Cognizant (CTS)

This entry is part 7 of 19 in the series Struggle Against Layoffs

CTS appraisal system and forced resignations violate Indian labour laws and we call upon employees to resist these attempts by the company. Please contact NDLF – IT Employees Wing and consult our lawyers before you decide on the company’s demands.

Permanent link to this article: http://new-democrats.com/updates-on-unfair-illegal-and-deceptive-layoffs-by-cognizant-cts/

CTS murderous attacks begin!

Branding some employees as “underperformer” without any basis, getting resignation letter under false pretensions and open threats, both are illegal acts by CTS. Forced resignations go beyond a simple labour dispute and have shades of criminal illegality.

Permanent link to this article: http://new-democrats.com/cts-murderous-attacks-begin/

CTS dishonest in dealing with its employees!

The only way to make CTS and other IT companies to act responsibly towards employees is to organize ourselves as a union and asserting our rights through continuous struggle against these policies.

Permanent link to this article: http://new-democrats.com/letter-to-cts-from-ndlf-on-layoffs/

Stand against Cognizant Layoff!

Friends, it is time we unite and raise our voices against the illegal termination of our colleagues! What is for them today, we would face tomorrow! We need to win our rights with our own hands!

Permanent link to this article: http://new-democrats.com/stand-against-cts-layoff-en/

Search on! For the missing “tinpot democracy” of India

Parliamentary democracy has long been a tool for fooling people and serving corporate interests. Now it is made more and more irrelevant by Modi led RSS government.

Permanent link to this article: http://new-democrats.com/search-on-for-the-missing-tinpot-democracy-of-india/

Cognizant steals employees pay, prepares to retrench 000s

These employees will not only lose their hard earned variable pay component, but also will be marked for retrenchment as part of Cognizant management’s cost reduction/profit maximisation plan.

Permanent link to this article: http://new-democrats.com/cognizant-steals-employees-pay-prepares-to-retrench-000s/

Plunder of Africa by colonial domination

This entry is part 2 of 3 in the series How Africa Developed Europe

African labour was used to exploit African resources, and finally the profits were transferred for European development. …the colonial powers were able to exploit workers to the maximum.

Permanent link to this article: http://new-democrats.com/how-africa-developed-europe-2/

How Europe grew rich?

This entry is part 1 of 3 in the series How Africa Developed Europe

The reinvestment of profits from the slave trade helped in the inventions and innovations that strengthened capitalism.

Permanent link to this article: http://new-democrats.com/how-africa-developed-europe-1/

Real GDP growth 5%; Modi govt “doctored” data to arrive 7% rate

Modi - Harvard or Harwork or ...

This entry is part 15 of 17 in the series Demonetization

“It is like the naked emperor strutting around in his nakedness and ridiculing all those who had called him naked with the words: ‘See how wrong and stupid you were. My courtiers have shown I am fully clothed’!”

Permanent link to this article: http://new-democrats.com/real-gdp-growth-5-modi-govt-doctored-data-to-arrive-7-rate/

The heroic tale of great entrepreneurs is nonsense: Amitav Ghosh

Jamsetji Tata

In large parts, the opium war was financed by Indian money — by old Bombay money. Many of the big Indian families made their money in opium.

Permanent link to this article: http://new-democrats.com/the-heroic-tale-of-great-entrepreneurs-is-nonsense-amitav-ghosh-en/

MEPZ IT Employees Express Solidarity with Neduvasal Struggle

This gathering shows that the employees of IT employees also have deep concern for issues affecting the vast majority of our population. We should do everything we can to alleviate the distress of our farmers.

Permanent link to this article: http://new-democrats.com/mepz-it-employees-in-solidarity-with-neduvasal-struggle-en/

IT Employees vs Corporates

All these IT companies eg TCS, Infosys, Wipro, HCL tech, Tech Mahindra do body shopping at lowest price and then they reward their CEO and MD and directors a hefty commission.

Permanent link to this article: http://new-democrats.com/it-employees-vs-corporates/

All your data belong to private business!

This entry is part 5 of 7 in the series Digitial Economy

“One data broker said he could get lists of high net worth individuals, salaried people, credit card holders, car owners and retired women in any given vicinity.”

Permanent link to this article: http://new-democrats.com/all-your-data-belong-to-private-business/

Swedish Software Firm works without a CEO

“You probably wouldn’t layoff your co-worker to increase the value of your stock, would you? Or give yourself a pay raise on making your co-workers take a pay cut!”

Permanent link to this article: http://new-democrats.com/swedish-software-firm-works-without-a-ceo/

Ready-made garment workers: faded life turns into rags!

This entry is part 4 of 4 in the series Toilers Life

While few hundred businessmen who started small scale units have now become millionaires, lakhs of workers who produced those millions face extreme hardship.

Permanent link to this article: http://new-democrats.com/garment-workers-en/

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