News

Some of the companies in India have started to send out (sack) some employees in the back ground of global recession. Around 100 are already sacked is the unofficial report. IBS working inside Techno park Trivandrum send out 27 employees has given rise to much arguments and counterarguments. Labour department conducted some inspection inside the Company but the Chief Minister who is holding additional charge of IT was silent. The Hon Prime Minister Dr Manmohan Singh appealed to top company CEOs not to dispense with the services of employees in the wake of global recession. IBS management came out with a statement that they are sending out the shirkers and those who did not perform well. The owners of the Companies expressed strong protest in labour department conducting inspection in their companies. It is widely felt that more and more companies are moving in the direction of IBS. Due to the deepening crisis and that more jobs may be lost the Chief Minister of Kerala has directed to call an emergency meeting of CEOs of companies in his chamber at 9.30 am on 13Nov08 to discuss the problems in the background of global recession. Written by; Gopkumar, Director UNIDOC Kerala