Saturday, February 2, 2008

For TCS guys!!!

MUMBAI: Tata Consultancy Services (TCS), India’s largest software exporter, is effecting a small across-the-board cut in employee salaries based on the company’s performance in the third quarter, a move reflecting caution amid tough times for the outsourcing industry. A top company official confirmed the move while stock market analysts said TCS is sending signals that revenue growth has not met internal targets and employees can’t expect a big wage increase this year.

http://economictimes.indiatimes.com/articleshow/2741768.cms

http://economictimes.indiatimes.com/opinions/2741768.cms

I know the comments will definitely disturb TCS'ers, especially freshers (people who have joined or yet to join). Let us hope for the best!!! Also preserve the right spirit to move ahead to reach the global top 10 :).

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