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It is reported in the press that about 25,000 IT professionals may be retrenched from Tata Consultancy Services (TCS), one of the leading IT company in the country. The move is mainly to reduce the expenditure on salary payment. The professionals who are going to be fired will be having many years of service and will have to be paid higher. If they are retrenched and new persons are recruited, according to an estimate, about Rs. 80,000 crore can be profited by the company.
Now the time has arrived for the IT professionals also to unionize to fight for their job.