UPDATE:-Yahoo cutting its work force by 1000 to 3000 ..more here.(21/10/08)
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 :-
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
September 15, 2008 at 11:54 am |
Again recently I heard Satyam reduce there head count by 4000.Whats happening think this will continue till US elections.
September 17, 2008 at 12:57 pm |
HP to cut 24,600 jobs following EDS takeover …………………..
At the time the $13.2 billion merger of computer services provider EDS into HP was announced in May, Hewlett-Packard counted 178,000 employees on its books and EDS had 142,000 employees.
TCS, Wipro recast hiring plans…..Nooooooooooo Job Security ..
September 17, 2008 at 6:16 pm |
It’s not a good to fired bad Performer People Company should be Reduce of Post or cut of Sallery of bad Performer. This is not a way to Fired Bad Performer.
September 20, 2008 at 4:03 am |
Hi Mphasis is cutting down there hiring plan more .here
October 24, 2008 at 6:13 am |
U STUPID SOFTWARE EMPLOYEES BETTER SEARCH FOR CORE OR GOVT JOBS. U WILL FEEL SECURE IN THOSE JOBS.
January 2, 2009 at 9:55 pm |
This is what Darwin’s theory is about. “Survival of the fittest”.
I have been working in software for almost 20 years now. And I have seen so many so called SOFTWARE ENGINEERS, who are good for nothing.
As the requirement grows, companies (HR) recruit employees who just know how to spell SOFTWARE. These employees simply waste time in office without any productivity. Management doesn’t even care about what these employees are doing. Every team has 2-3 good employees in a bunch of 10, who does all the hard work. I have seen so many situations where these GOOD FOR NOTHINGs are paid more than the good skilled employee. Over to this, these GOOD FOR NOTHINGs keep on changing their job for every 1-2 years. This makes things really hard for the company/seniors in maintaining the consistent flow of the performance/work.
This is the time for GOOD FOR NOTHINGs to recharge/replace their battery. I don’t think there will be any problem for the ones with skilled and have a confidence in what they are doing.
Moral of the story…
Don’t follow others, think wide, think your own, and think something out of box.