Tata Consultancy Services (TCS), the country's largest software company, may hand over pink slips to as many as 290 employees at its Finland office. The company, which has employee strength of about 800 in Finland, is currently in negotiations with the employee representatives over the move to cut jobs, as required by Finnish law. The minimum negotiation time is six weeks and the meetings are scheduled to end soon.
In April this year, over 160 employees at the Finland offices of TCS staged a spontaneous walkout protesting against job cuts. These employees were outsourced by Nokia to TCS in March and were based in Espoo, Salo, Tampere and Oulu. Nevertheless, the company’s intent is to find redeployment opportunities for as many of the affected employee positions as would be possible.