A large number of IT, ITES and IT based consulting and Business Process Outsourcing (BPO) companies are throwing out employees in tens of thousands under various pretext. Most of the companies claim that only non-performers who could not improve their performance, in spite of opportunity given by the company, have been asked to find another job. ... IT workers need to understand this reality and not be misled by all the ‘gyan’ the IT company owners give. In order to understand the above better with facts and figures, a study and analysis of the officially published documents of the major IT companies – the Annual Reports – for the last few years has been carried out by a team appointed by the Maharashtra Regional Council of Lok Raj Sangathan. The first in this series is the analysis of Tech Mahindra, which is presented here..