Layoffs by software cos: PMK wants Centre, state govt's

Bs_logoImage
Press Trust of India Chennai
Last Updated : Jan 04 2015 | 3:00 PM IST
Expressing concern over reports of alleged termination of services of many employees by software companies, NDA ally PMK today urged the Centre and state governments to intervene in the issue and stop the "injustice."
"When the livelihood of thousands are affected, it is the duty of the Centre and states to stop it. They should not remain aloof by treating it as an internal issue of these companies," PMK founder leader S Ramadoss said here today.
Stating that a top Indian software company planned to end the services of 25,000 employees, he said the firm had already given pink slips to a significant chunk of them.
"Indian and multinational companies operating in south India, including Tamil Nadu and Karnataka are terminating the services of senior employees," he alleged.
"The action of such companies without caring for labour laws and human rights is strongly condemnable.

You’ve hit your limit of 5 free articles this month.
Subscribe now for unlimited access.

Already subscribed? Log in

Subscribe to read the full story →
Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 04 2015 | 3:00 PM IST

3 out of 5 articles left

Subscribe to read without limits
Subscribe Now