I beilieve its Upper Management's mistake,they are not able to adjust to changing markets trends.Managers are ready for progress of company why not for downfall ? The first thing that company needs to do is stop hiring employees if you cant see the buisness ahead. TCS has crossed 1 lakhs still hiring I cant undrestand yyy?? As a result of this company's profit is not shared properly with old employee rather it goes for addintional new employees and hence they have to take steps like cutting salries ot employees .
