From an article on the The Times of India,
It seems like the saga of five-day working week, enjoyed by over 15 lakh technology professionals in the country, would soon be a thing of the past.
TOI had first reported last month that such a thing was being considered by some companies to offset the impact of the rupee appreciation on their margins. Now we hear some are actually moving ahead on the idea, and implementing it in certain sections.
…
There is no official communication yet, but that, employees think, may be because the company does not want to upset overall morale.
…
Here is what Wipro HR VP says:
‘‘Some of us are already working on Saturdays depending on delivery schedules and deadlines. But there is no plan to introduce a six-day working regime, although the idea sounds good.’’
I am sure this asshole has never worked a saturday in his whole life, except maybe teeing up the golf ball.
All this sounds very depressing to me. These companies are NOT looking to cut losses (none of them are losing any money, their profits are in the billions, and their growth percentage are still positive), they are just trying to fight their decrease in profit margins as a result of the appreciation of the Rupee. What a boost this would be to the employee morale !
Read the complete article here.

