14.40 (0.45%) Tata Consultancy Services (TCS) is planning to go for job cuts in Finland, which will affect staffers who had come on its rolls in January as part of an outsourcing arrangement. TCS is trying to streamline its operations in selected areas and harmonising them with its global operations and thus the employee are facing a risk of losing their jobs. The entity has started the process of collective consultations with employee representatives in Finland.
The employees protested against this move and about 100 TCS employees in the city of Espoo and 60 in the town of Salo refused to work.