Tech Mahindra laying off 30,000 employees? Company makes statement
Indian IT major Tech Mahindra on Monday pushed back against rumours circulating on social media that the company is preparing for a large round of job cuts. The company said there is no such proposal under consideration. The clarification came after several posts online suggested that the firm could be planning major layoffs.
Tech Mahindra denies rumours of mass layoffs
In a filing to the stock exchanges, Tech Mahindra said it had taken note of the rumours spreading online and decided to address the matter publicly. “The company has received calls and has noted certain social media posts regarding a market rumour of a potential significant reduction in headcount,” the company said.
