Finland job cuts: TCS concludes negotiations with representatives
TCS says it has concluded ‘a comprehensive support structure for employees’
Mumbai: India’s largest software services provider Tata Consultancy Services Ltd (TCS) has concluded negotiations with employee representatives in Finland on possible job cuts in its operations in the country, the company said in a statement on Wednesday.
TCS began talks in Finland on 23 April as part of the process, adding “a maximum of 290 positions may be impacted".
“The final number of impacted positions of employees will be known in eight to 10 weeks," the company said.
TCS said it has discussed and concluded “a comprehensive support structure for helping potentially affected employees... which includes options for out-placement services, severance packages and counselling".
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