Recent drop in share market not only creates problems for Big software organizations bust also effects its employees.Yes friends the down of this market value makes a heard time for the organization employees,i.e in order to over come these losses they simply firing off there employees mostly in Asian countries.In order to hide this hey simply conduct a test and on that basis they ask there employees to write a self resignation letter stating ‘that due to some personal reasons i am resigning my job’.Where as mostly the freshers are the sufferers to this.Furtherer there is rumor that they can reduce the salary of a employee.Among these following are some organizations :-
- TCS:-fire 500 employees in india.And thinking to cut down the salaries.here
- IBM:-about 2000 peoples.
- Accenture:-Its too around 2000.
- Yahoo:-in between 500 to 2000 .here.
Lets Hope the market comes to steady state so that we employees can breath freely.
February 11, 2008 at 2:59 pm
Well sources said TCS has mainly fired those people who they recruited from a small degree collages(MSc) ,don’t how much its true?
February 27, 2008 at 12:13 pm
Yes IBM also firing peoples and this is not fair.by d way its not good to play with thr life.just by asking to write test before one week and when ever asking to manager about the test.they are saying its not dat much important so dont worry and forcing peoples to write for pink slips. even some peoples are working in good project and working hard but due to bad performance in test thay have fired.
what a idea
f**k this IT comp