Last month of the previous year , a frontline company, in the IT industry , Tata Consultancy Services (TCS) handed over “pink slips” to 2574 employees in a bulk. The decision of the company turned out to be highly controversial and faced a lot of criticism and outrage from among the IT workers, democratic unions as well as a couple of media houses. Most of the employees who have been handed over “pink slips” were employees with more than 8 years of experience and were posted as decently high rank employees like associate consultants and project managers and were fetching fat salaries. Justifying their decision of firing these IT workers, TCS has come up with the excuse that their performance was not “up to the mark” for quite some time. On one hand where TCS plans to fire around 30,000 IT workers in the year of 2015, on the other hand it is also preparing 55,000 new recruits to be hired. This has led to widespread insecurity and discontentment among the IT workers.