Cognizant Technologies Solutions, a major IT company, which has got ten units in India, is on a retrenchment mode. Almost 10,000 employees are being sent out by retrenchment or resignation. The units are at Bengaluru, Chennai, Kochi, Coimbatore, Mangalore, Hyderabad, Mumbai, Pune, Gurugram and Kolkata. Those who do not resign even after pressure may be retrenched out right. This is the method of the MNCs and Indian corporates. Hire and Fire is the method and the government usually does not interfere in the matters of the corporates. It is time that strong trade unions are formed in the IT sector to resist such attacks on the workers.