I am one of the empoyee (Software Developer) affected with layoff in India. The department where I had worked got affected worsely ( 22% cut in jobs) and with out any reason even though there are lot of works in queue and lot of openings in queue.
Top leaders saying that they want to make the Conduent Development Hub in India and actually they are cutting down developer jobs in India to reduce operation costs.
I heard news that after laying off they are ready to recurit new developer(s) as well as ready to out source the work to contractors paying Big amount Costier than 22% cut down employee salary.
it seems in top management there are people who is catching the fish making such foolish decisions.
I think Share folders of companies as well as management who is not part these team should act ASAP else they will land in big situation which can not be solved by then. These fraud people will make money and exist easily and jump to another company to catch some other fish.