u/Mo_h
Even with PM's WFH "mandate," it is too early for IT employees to rejoice. Here's why India's IT industry is not ready to roll back from RTO/Hybrid
Here's why India's IT industry is not ready to roll back from RTO/Hybrid:
- Managers want Command and Control that they can feel while being F2F
- Managers feel that being F2F facilitate brainstorming, whiteboarding and watercooler conversations. This argument is negated since most client stakeholders are sitting half-way around the globe
- Managers are used to Managing by Wandering Around (MBWA)
- Fewer distractions for younger, more junior team members. The fact is that some techies themselves wanted RTO since they felt lonely working remotely
- The unsaid reason and perhaps real reason- The Commercial Real Estate 'Mafia!' They have political clout since most politicians have a share in such ventures!
The real reason why PM's call for WFH will not work - the commercial RE cartel!
Moneycontrol Article - Bengaluru-based real estate stocks: Prestige, Brigade, Puravankara fall up to 3% on PM Modi's WFH appeal -
Most of us in IT sector know that WFH can and does work in majority of cases. Like PM says, the sector learnt zoom calling and remote working techniques during the pandemic and these haven't been un-learnt. However, Articles like this are highlighting the real reason why call for WFH will fail, even in IT-
- Most politicians across parties are heavily invested in commercial RE -directly or through proxies. Those from Bengaluru and Hyderabad or Pune can comment on ground reality!
- "Shares of Bengaluru realty firms fell amid WFH policy speculation" Will politicians take a loss?
- Don't underestimate the clout and money power of the commercial RE cartel when it comes to policy-making!
Indian PM calls for WFH and IT employees may love the idea, but is the industry ready for WFH?
Indian-Origin Philanthropist Clears Student Debt for 176 NC State Graduates: A Legacy of Hope
beyondlayoff.comCompanies like Cognizant are cutting thousands of Roles, yet they can claim 'No Layoffs' using a "Corporate Magic" tactic. Hence we will never know the true number of job cuts in Indian IT!
Ref: Why 'No Layoffs' is Corporate Magic:
Indian Companies perfected a workaround to report "layoffs" to government labour authorities The HR generally calls employees asking them to voluntarily "resign immediately" if they want severance. It is a simple corporate magic - resignations are not considered "layoffs" and hence don't need to be reported to statutory authorities.
Despite announcements in the press, company will claim there are "no-layoffs planned; This is just a just wave of large-scale resignations” ... and everyone winks 😉
Because of lax labour laws and oversight, companies are able to get around with this loophole. For this reason, we will never know the true scale of layoffs in Indian IT sector!
An IT veteran here shaking my head over the click-bait headlines making the rounds. Why?
- Most of the articles in the media quote "Unnamed sources."
- This may not be true since most senior leaders at the company are probably s #itting in their seats worried about their own roles. They aren't going to be inclined to speak to the media
- "15,000 roles globally." Numbers from India are clear as mud. This is because companies have a workaround to report "layoffs" to government labour authorities
- The HR generally calls employees asking them to voluntary "resign immediately" if they want severance. It is a simple corporate magic - resignations are not considered "layoffs" and hence don't need to be reported to statutory authorities.
- How do we get to know numbers?
- A week or two after the forced layoffs/resignations some internal folks may be able to lookup slack and other lists to know the before-and-after
Note for those saying "we need unions" or "lawmakers should help," back to point #2 - company will claim no-layoffs. Just large scale resignation... and everyone winks 😉
Regardless of fuzziness around numbers, a service company laying off 15+ employees, especially in LOW-COST countries like India spells trouble!
Context - this story is a bit extreme. But seems like the American contacted ACS to help after local police refused to act on her complaint. Rest is in the media.
Saw this though provoking question and point in Prasannan's column in The Week: Ladies’ seats? Why not from 543?
>India has about three million elected men and women strutting around from panchayats to the presidential house enjoying pay, perks and pensions!!
Let this sink in! three million elected men and women strutting around.
Add dozens of minions and assistants for every elected 'leader' and wannabe leader and we are talking about millions of politicians and activists.
Almost everyone you and I know will know some politician at a local level. Yet we loath them and they $cerw us. Yet some think we need more netas?
In my previous job, I spent over 5 years as an EA at a multinational. I joined just about the time a new CIO had taken over and the EA organization was centralizing.
The next CIO came a couple of years after that and decided on 'federated' structure and many of the 'old time' EAs were shown the door.
The 3rd CIO came 2.5 years later and decided to disband the EA organization in favour of "tower led Architects"... and I had to move on.
If you have been an EA in an enterprise long enough, how many CIO-change-transformations have you survived?