Tuesday, December 23, 2014

TCS Lay off (firing) - What could be the motive ? (Drug addict theory)

Recently from the start of  December 2014 TCS started lay-offs (a.k.a restructuring). The reason given by TCS is that this is an usual procedure of laying off non-performers.

My question is:
If "non-performers" is the criteria they why NOT freshers or anyone less than 5 years of experience is considered for lay-off. Does this mean the only non-performers are 7+ yrs employees?
This is ridiculous. Fake reason.

What could be the motive?
My theory for this is named "drug addict theory". This is something we have seen in lot of Tamil/Indian movies. Similar to how a drug-addict is a slave to the drug, our IT-employees are slave to Mortgages/EMIs. The way the durg-mafias and Corporate (Banks/Realty/your-employers/etc) work is similar in many ways as discussed below

Phases of Drug-addiction:
  1. Influencing or Introducing to drugs
  2. Brainwashing or Rationalize drug is fun
  3. Make profit (enslave) the drug-addicts
Ok now let us come to the real scenario.
drug = House/Cars/Electronics/etc  (+ implicit Debts & EMIs)
 
Phases of Debt-addiction:
  1. Influencing: Banks call to give loans. They give phamplets in your office gates too.
  2. Brainwashing: Getting loan is no more looked-down. It is rationalized as a need and independent way.
  3. Profit: Once you are into the Debt/Mortgage drug you cannot really escape. Now the Lay-offs are profit-making. Once you are laid-off then you lose your salary-bargain, because you need to pay your debt.
 
Now the corporates know that many people are into debt and marriage/family commitments. They know that you have sold your land/house in your village/town and highly dependant on your employment and city-lfe. So the companies can play with your situation. You got to lick the shoes of your boss !!!

 

1 comment:

Deepak said...

Haha! I'm not going to comment on the TCS lay-off until I see some facts. But you are right in saying that the materialistic life is sort of a grown-up's addiction. We rationalize housing loans as investment, car loans as safety, costly gadgets as a necessity. The true cost is not the interest that we pay the bank but the ability to make bold decisions in our careers. The moment we get a loan, we also get enslaved to our jobs.

We need to take this as an opportunity to remind ourselves that a job in IT is not a government job. And the next time we think of taking a loan, we'll hopefully think twice.