Lay off in technopark

Another company in Techno park, Collabera Solutions, a software development center has issued pink slips to a number of employees yesterday following the global recession.Just a month back one of the most reputed software companies in Technopark started layoff process by issuing pink slips to a number of employees.

the management of the Collabera Enterprise Software Solutions has denied the reports that the job cuts took place because of Global recession and said the action came after the review of annual performance report.

But see one of the mails sent by an ex-employee of collabera to TechnoparkToday

“layoffs not only in IBS its also there in collabera enterprise software solutions, technoparki’m an ex collaberian who lost the job in the name of global recession. this incident happened on 19th of this month. yesterday HR people called us for a meeting and said thet they are going through tough times and due to the global recession they are not getting the business as usual, and because of that they gonna give us the relieving certificate. they also told us to sign a resignation letter (the letters were already prepared by them). Collabera gave30 minutes time to clear off from the premises.according to my knowledge they laid off around 20 employees.among these employees majority of us joined collabera 6-10 months back.Now i dont know why they are linking this with the performance report”