Employees at TCS Finland offices stage protest over job cuts
New Delhi: Employees at the Finland offices of India's largest software services exporter TCS staged a walkout today protesting against job cuts even as the company said it has started consultations on the issue with their representatives.
About 160 Tata Consultancy Services (TCS) employees based at its offices in Espoo and Salo in Finland reportedly staged a walkout at the company's premises protesting over the decision to cut around 290 jobs.
The firm has about 800 employees in Finland.
When reached for comments, a TCS spokesperson said: "TCS has begun collective consultations in Finland with employee representatives. The consultation process is aimed at streamlining TCS's operations in selected areas and harmonising them with its global operations."
TCS has been servicing the Finnish market for more than 11 years and has a registered office in Helsinki.
The spokesperson further added: "The negotiations are expected to be concluded after six weeks. TCS is committed to supporting all potentially impacted employees throughout this process. Until the consultations with employee representatives are complete, TCS will be unable to provide any further details."
The total headcount at TCS stood at 2,76,196 as of March 31, 2013. The company said it will also hire 45,000 people this year and has already made 25,000 campus offers.