India's First IT Union Hits Back As Nasscom Dismisses Mass Layoffs Reports

India's first information technology (IT) workers' union, the Forum for IT Employees (FITE) fired back at industry body Nasscom for dismissing claims of mass layoffs by companies and discouraging formation of unions in the sector. Last week Nasscomm president R Chandrashekhar warned that employee activism or stopping workforce realignment by resorting to regulation will lead to decline in competitiveness and potential loss of existin...