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Accenture Layoffs: Infosys, TCS Next?
Accenture has been a flag bearer of IT industry. But poor results this time shows that impact will be felt much deep in India. I analyze various aspects today after Q2 2023 results.
Переглядів: 2 561

Відео

TCS CEO Rajesh Gopinathan resigns : Why ?
Переглядів 1 тис.Рік тому
in 2022, About 1 year ago I highlighted some of the underlined problems in TCS under the CEO. CEO has resigned and his second term is still few years away.
Layoffs: 2008 story
Переглядів 265Рік тому
Current layoff trend reminds me of 2008. We had started to look for job and all of sudden hard reality came to haunt us the freshers. How did we handle that time. I share my personal experience.
Layoffs: Are you next?
Переглядів 424Рік тому
Technology companies specially FAANG and startups are on a firing spree. What led to this insane move by big tech ? We analyze the situation in detail.
Cognizant CEO Brian Humphries gone
Переглядів 7 тис.Рік тому
Cognizant has replaced its CEO Brian Humphries and Ravi Kumar, former Infosys president America will succeed him. We look back at Cognizant CEO's tough tenure at Cognizant.
Cognizant results: Bad News?
Переглядів 4 тис.Рік тому
#cognizant posted its fresh set of results yesterday on 3 Nov India time. We are back with my understanding of these results. Some bad news is coming, lets go through it in detail.
Accenture becoming Apple: Q4 FY22 ?
Переглядів 1,3 тис.Рік тому
Accenture posted strong set of result on more time. This is in contrast to what industry is seeing all around. All the companies including Infosys, TCS, Wipro and all global companies are witnessing a huge pressure on margins.
Why Wipro fired 300 employees: Infosys, IBM, Cognizant will join ?
Переглядів 312Рік тому
Moonlighting is becoming a headache for IT companies. Wipro fired 300 employee for breach of contract. We are analyzing the reason behind this big move when companies are struggling to find replacement.
Blood on streets: Why Google issued warning ?
Переглядів 4162 роки тому
Google issued a dire warning to its employees. It was quite a change from Google culture. It showed how google employees are no more seen as efficient. We look at macro events behind this change. Will this mean a trouble for all ?
Fall of ATOS: What went wrong?
Переглядів 13 тис.2 роки тому
ATOS frances second largest company is facing a crisis. This crisis has wiped our 90% of investors money over last few years. We analyze the impact of this crisis in detail.
Accenture Q3 FY22: impact on TCS, Infosys, Wipro
Переглядів 8472 роки тому
Accenture posted its fresh set of numbers/result today. This has direct impact on stock market performance of our Indian IT stocks like TCS, Infosys or Wipro. We analyze the result in detail:
LTI and Mindtree Merger: Who is impacted?
Переглядів 12 тис.2 роки тому
L&T announced a merger of LTI and Mindtree. Together they become $3.5 billion company and india's 56h largest IT company. How this will impact the employees and who are impacted. We analyze the impact.
TCS CEO Rajesh Gopinathan performance analysis: Is he under pressure?
Переглядів 6672 роки тому
TCS CEO completed 5 years in office recently and set a target of 50 Billion in 7 years. Can he deliver that. Past performance suggests something else
Accenture Q2 2022 performance: guidance for Infosys, TCS, Wipro?
Переглядів 5202 роки тому
Accenture posted another set of strong results. It means the broader environment is strong, employees are enjoying so are tech investors.
Capgemini 2021 performance
Переглядів 2812 роки тому
Capgemini posted its latest set of results, it has also given us outlook for year 2022. It seems business environment is changing. we analyze various data points.
Got High salary jump: Did you make yourself uncompetitive?
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Got High salary jump: Did you make yourself uncompetitive?
Cognizant: Q4 2021, Any better ?
Переглядів 7022 роки тому
Cognizant: Q4 2021, Any better ?
Infosys Q3 Fy22: How it beat all competition!
Переглядів 1962 роки тому
Infosys Q3 Fy22: How it beat all competition!
Accenture Q1 FY2022: Very strong results
Переглядів 7112 роки тому
Accenture Q1 FY2022: Very strong results
Jack Dorsey exits twitter: Parag agrawal steps in.
Переглядів 1502 роки тому
Jack Dorsey exits twitter: Parag agrawal steps in.
Accenture review: should you join ?
Переглядів 16 тис.2 роки тому
Accenture review: should you join ?
overseas opportunity: which company and Profile is best
Переглядів 8802 роки тому
overseas opportunity: which company and Profile is best
TCS: Work from home ends, is this a mistake ?
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TCS: Work from home ends, is this a mistake ?
Microsoft beat Apple: The most valuable company, How Satya Nadella did it ?
Переглядів 1452 роки тому
Microsoft beat Apple: The most valuable company, How Satya Nadella did it ?
Accenture: teaser
Переглядів 3042 роки тому
Accenture: teaser
Cognizant CEO Brian Humphries: Performance review
Переглядів 3,8 тис.2 роки тому
Cognizant CEO Brian Humphries: Performance review
Cognizant CEO Brian Humphries: Performance review time(Teaser)
Переглядів 6642 роки тому
Cognizant CEO Brian Humphries: Performance review time(Teaser)
infosys vs wipro vs Mindtree: who did better?
Переглядів 2,5 тис.2 роки тому
infosys vs wipro vs Mindtree: who did better?
TCS Vs Accenture: Who did better ?
Переглядів 7982 роки тому
TCS Vs Accenture: Who did better ?
Freshworks: India's Salesforce ?
Переглядів 3492 роки тому
Freshworks: India's Salesforce ?

КОМЕНТАРІ

  • @DarkKnight-mc5uo
    @DarkKnight-mc5uo 6 місяців тому

    THIS GUYS WAS RIGHT!!!!!!!!!!!!!

  • @roxgames2989
    @roxgames2989 6 місяців тому

    Yes, I think

  • @odianews654
    @odianews654 7 місяців тому

    not only ceo. Managers in cognizant are really pathetic .my manager ask me bring the vegitable ,bring the rum bottle so he will give me good ratings.they are technically zero.but in the case of polishing they are hero.If cognizant wont change the manager who are there from last 5 to 10 years then after 10 year . you wont see cognizant exist in this world.

  • @vinu3541
    @vinu3541 7 місяців тому

    Bad experience waiting for on boarding aftet Digi verification. So far unimpressive bgv process - very unimpressive

  • @JOHNROBINSONJ
    @JOHNROBINSONJ 10 місяців тому

    I have joined Atos syntel as a fresher and matched in one legacy project. But initial 2023 they started layoff people ,they fired my batchmates infront of me i was afraid and started searching new job.Now i am in notice period and having offer from accenture.Happy to leave atos😂

  • @madhureddy954
    @madhureddy954 11 місяців тому

    No Projects in Atos.

  • @seasam13
    @seasam13 Рік тому

    Brian Humphries was good. He spent 1 billion for employees retention plan.

    • @BingeLearn
      @BingeLearn Рік тому

      yes he did that, but too late. from 2019, he really disturbed everything in the company and realized late that he needs to cover for it now.

  • @iskrajackal9049
    @iskrajackal9049 Рік тому

    Heard that Atos bought Siemens, the company that built the gas chambers for the Naz1es in WW2. Atos has all but lost their contract to find sick and disabled people 'fit' for work in spite of GPs' sick notes and consultants' diagnoses. It has gained a reputation for misreporting the symptoms and extent of disability of numerous claimants over a considerable period of time. Despite denying it for years, it has reportedly been financially incentivising 'disability assessors' to mark claimants as fully fit. Now Atos share price has crashed from €11.5 to approx €9.5 in just one day. This nasty and useless company deserves all the bad karma it has stirred up.

  • @yogeshmali4040
    @yogeshmali4040 Рік тому

    Hi I have offer for cognizant can I joined I have 5. 8 year experience currently working with Wipro give me 15 lpa and cognizant give me 19 lpa

  • @jonron3805
    @jonron3805 Рік тому

    Not sure what your source is currently. The company's data is not to be trusted. Moreover they hire the not so cream layer of the market so the employees are un employable with other employers. Thats why the attrition is low. The company is not liked at all by its employees

  • @fb7876
    @fb7876 Рік тому

    BH is an outright psychopath.

  • @user-ex5lo5fq1h
    @user-ex5lo5fq1h Рік тому

    I've started working at this place in january 2023 I can confidently say, joining this company has been the worst decision of my life

    • @BingeLearn
      @BingeLearn Рік тому

      do you want to share more detail. why you felt that?

  • @pavanp4966
    @pavanp4966 Рік тому

    Hi Sir. I have 7.3 years of experience. I have two offers at present. 1) Citi Bank offer for 27LPA fixed and 2)Alcon offer for 33.5LPA(29.5 Fixed+4 Var).+ Joining bonus Could you suggest which is the best option in terms of WLB and job security. I would like to settle down for long time. Kindly suggest.

    • @BingeLearn
      @BingeLearn Рік тому

      i would be hesitant to give any advice to smart people like you. market is rewarding you for your capability. It would be foolish of me to advise you.

    • @pavanp4966
      @pavanp4966 Рік тому

      ​@@BingeLearn I'm your loyal follower, subscriber. I need your suggestion. Don't be hesitant. Kindly post your opinion

  • @theoptimist3246
    @theoptimist3246 Рік тому

    Could you maybe consider making a video explaining what these different numbers mean and how they are arrived at...I want to understand what these numbers mean... How do I read these numbers

    • @BingeLearn
      @BingeLearn Рік тому

      Thanks for suggestion. But i think there are wonderful videos on these topics already. I would never be able to match their quality. Please do check them

  • @_M_D_M_
    @_M_D_M_ Рік тому

    Brian has single handedly spoiled careers of many. He was my LinkedIn connection. I wanted to ping him and tell him many things directly. But, He has quit LinkedIn.

    • @BingeLearn
      @BingeLearn Рік тому

      Haha. I saw his exit post as CEO. But did not know that he left linkedin. He got a lot of abuse after his termination

    • @_M_D_M_
      @_M_D_M_ Рік тому

      @@BingeLearn He called it on himself. When he joined he articulated many things nice. I was hopeful. But..... what a waste it has been. It has impacted me personally as well.

    • @fb7876
      @fb7876 Рік тому

      🤣

  • @ganeshsingh5635
    @ganeshsingh5635 Рік тому

    I just joined 1 month back I am planning to abscond because they have given me pune location I want Mumbai ?? They will take any legal action on me if abscond???

    • @BingeLearn
      @BingeLearn Рік тому

      i cannot really advise on that. its very big decision. please be careful of side effects on your career

  • @pxshcaptainbob6586
    @pxshcaptainbob6586 Рік тому

    I have the opportunity to start dual studying business Informatics for either Atos, PwC or EY, initially I wanted to go for Atos, since they are a true IT company but now I am not sure anymore. What of those three companies do you think has the brightest future?

    • @BingeLearn
      @BingeLearn Рік тому

      after so many quarters ATOS has performed better recently. this brings stability and gives them time to do the damage control

  • @kalyanaramanbalakrishnan
    @kalyanaramanbalakrishnan Рік тому

    Dont Join cognizant , more psycho managers ,Sitting idle and playing their saddiest attitude to employees

    • @BingeLearn
      @BingeLearn Рік тому

      i heard from a senior manager recently, even he was complaining.

    • @kalyanaramanb8503
      @kalyanaramanb8503 Рік тому

      @@BingeLearn Am not getting what are you saying?

  • @LALond0n
    @LALond0n Рік тому

    On the salary side, u are comparing the salary (and the costs) of US and India together?! Not fair

    • @BingeLearn
      @BingeLearn Рік тому

      this is over an year old video . i will have to watch it again. doesn't recall clearly.

  • @pavanp4966
    @pavanp4966 Рік тому

    Hi. I'm joining soon in Citi Bank as Manager level employee. Got 60% hike. Can I join? Job security is good in Citi?

    • @BingeLearn
      @BingeLearn Рік тому

      Invesment banking is fine. Retail banking had issue

  • @manikaggarwal2018
    @manikaggarwal2018 Рік тому

    You recorded this in March and not in April. 😂

    • @BingeLearn
      @BingeLearn Рік тому

      no. i recorded this last year in April. this is an archive from last year

    • @manikaggarwal2018
      @manikaggarwal2018 Рік тому

      @@BingeLearn got it

  • @yogesh4643
    @yogesh4643 Рік тому

    Currently I am Atos's employee, Working for their KPO (Tied with State Street). Should I stay there or leave?

    • @BingeLearn
      @BingeLearn Рік тому

      i think company is stablising these days. if there is better opportunity , why not. but not due to some fear.

  • @catlover6750
    @catlover6750 Рік тому

    Im a fresher and working in accenture since February and I have taken 7 pkts. I failed the last one with one mark. Now they didn't fire me nor allowing me to wrk in workbench. Where will this take me. Im accenture employee associated with linkdln

    • @BingeLearn
      @BingeLearn Рік тому

      no idea, how they would respond

  • @sayansahoo4746
    @sayansahoo4746 Рік тому

    7-8 years experienced people getting 25 lpa + is high only for service based companies, right? Anyways, despite all the layoffs, I don't see any salary correction in the Market. 7-8 years are still getting 30 lpa +

    • @BingeLearn
      @BingeLearn Рік тому

      Yes. But 7-8 years 30 lakh is not sustainable in service industry. That changes whole business logic. If they are getting now, they will not get in future

  • @sayansahoo4746
    @sayansahoo4746 Рік тому

    I don't understand where is it safe now to work? Product based or service based? Seems like it's risky everywhere.

  • @technik2
    @technik2 Рік тому

    Do we need to change job in this case ? Or in current scenario?

    • @BingeLearn
      @BingeLearn Рік тому

      Recession means the risk is everywhere.

  • @Solitude1711
    @Solitude1711 Рік тому

    Admin after accenture layoffs is tcs also planning to layoffs employees soon please tell correctly

    • @Urbanhunter49
      @Urbanhunter49 Рік тому

      TCS employees earn pennies...whts the use of layoff thr

    • @BingeLearn
      @BingeLearn Рік тому

      @Abhishek true. But companies change with time. So lets se

    • @trijit96
      @trijit96 Рік тому

      ​@Abhishek its also holding whooping 6 lakh of employees , how they supposed to pay?

  • @tyaggh
    @tyaggh Рік тому

    Any thing to worry for TCSers. Heard they never fired anyone in the past.

    • @BingeLearn
      @BingeLearn Рік тому

      I dont think so. TCS HR said they will infect Hire more. But when they comeup with results in next 20 days, situation will be clear

    • @roshnray6566
      @roshnray6566 Рік тому

      TCS bhi near future layoff pattern shuru karega

    • @tyaggh
      @tyaggh Рік тому

      @@roshnray6566 they have not fired a single employee in 2008 recession, which was almost double as compare to the current one, so the chances are less.

    • @BingeLearn
      @BingeLearn Рік тому

      @@roshnray6566 TCS culture is not firing. But we need to observe closely. Market conditions decide

  • @bhuvanaturamalla2113
    @bhuvanaturamalla2113 Рік тому

    Hi sir, i'm working in Accenture and I'm a fresher was given a project in January 2023 they scheduled kt session next week for me, will there br any job problem for people like me

    • @BingeLearn
      @BingeLearn Рік тому

      I do not think so. freshers are important for every IT company. Specially if you are on a project. This Layoff is not going to happen tomorrow. it should be happening in next 6 months gradually.

  • @sinchanas278
    @sinchanas278 Рік тому

    what about capgemini employess? will they also do layoffs?

    • @BingeLearn
      @BingeLearn Рік тому

      I do not want to spread a fear. We need to wait for more data points from other companies. in next 1 month much will be clear. Many companies are coming up with data soon

  • @bhoomisbuzz
    @bhoomisbuzz Рік тому

    Working in Accenture and was on maternity leave and joined back but non billable and looking for project.. Will it impact my job

    • @jagadishsahu1247
      @jagadishsahu1247 Рік тому

      Yes it will impact definitely, please upload your resume in naukri portal asap

    • @BingeLearn
      @BingeLearn Рік тому

      The layoff, its their ambintion . They have not decided who will go. People in last 2 tears got very expensive for company. They will get rid of them first. Then skills, anybody withothut skills and without project will be impacted. They have huge order book, they still need lot of people to deliver those orders.

  • @ajitbasantia2193
    @ajitbasantia2193 Рік тому

    Hey what about those who are in accenture from. 1.4 years experience and currently billable to a client in a project which just started, will they fire even those people's?

    • @BingeLearn
      @BingeLearn Рік тому

      Its good to have project. You are bringing revenue to company. Why would they fire

  • @digitalyoddhaamrit
    @digitalyoddhaamrit Рік тому

    Hi i have been working in acccenture since 1.5 years . And i m in a project . Should i effect ?

    • @AvinashSingh-iv4mp
      @AvinashSingh-iv4mp Рік тому

      Same here

    • @BingeLearn
      @BingeLearn Рік тому

      Billed people should be safer. Now your foucs sholud be to become an important memeber in you project

  • @VishalJadhav-yt7uf
    @VishalJadhav-yt7uf Рік тому

    How much time it will take to get situation normal ?????

    • @BingeLearn
      @BingeLearn Рік тому

      The answer is there in the video . Please watch full video

    • @VishalJadhav-yt7uf
      @VishalJadhav-yt7uf Рік тому

      I am working in a startup company as a BA ....so should I worry....my all projects are US based

    • @rohitbhatia6909
      @rohitbhatia6909 Рік тому

      ​@@VishalJadhav-yt7uf now you will understand the value of job security

    • @VishalJadhav-yt7uf
      @VishalJadhav-yt7uf Рік тому

      ​@@rohitbhatia6909 seedhe seedhe boldo yaaar Bhai should i worry or not ..pehele se phati padi hai 😅

    • @BingeLearn
      @BingeLearn Рік тому

      @@VishalJadhav-yt7uf normally the cutdowns are happening in Banking space. project in banking might be the first one to be impacted

  • @mihirsrivastava1113
    @mihirsrivastava1113 Рік тому

    And what's your thought on employees of Cognizant who are having 1.1 year of experience and billable, but haven't assigned any work till now in project?

    • @BingeLearn
      @BingeLearn Рік тому

      To me , Cognizant employees should be safest Because company cannot afford that mistake. but you never say never.

    • @mihirsrivastava1113
      @mihirsrivastava1113 Рік тому

      @@BingeLearn thanks sir

  • @mihirsrivastava1113
    @mihirsrivastava1113 Рік тому

    Great Video Sir, Also I think this will create a ripple effect in the market and major MNCs are going to fire non-billable employees i.e., employees which are on bench.

    • @BingeLearn
      @BingeLearn Рік тому

      people had lot of fun and unrealistic expectation in 2021 and 2022. it is all coming back to bite now

    • @mihirsrivastava1113
      @mihirsrivastava1113 Рік тому

      @@BingeLearn thanks sir

    • @Solitude1711
      @Solitude1711 Рік тому

      ​@@BingeLearn so it affects even in tcs also??

  • @Roadsideromeo97
    @Roadsideromeo97 Рік тому

    I’m currently in an internal project , current exp is 3yrs, should I be worried??

    • @BingeLearn
      @BingeLearn Рік тому

      i think expensive and senior resources become first target of any firing. But irrespective, we all should keep our backup plan handy. Even CEO's are being fired. you saw example of TCS ceo few days ago and ealrier Cognizant CEO faced the same thing

  • @msddhoni7764
    @msddhoni7764 Рік тому

    I got a news like Accenture is planning to layoff from Hindustan Times is it true ?

    • @BingeLearn
      @BingeLearn Рік тому

      The video is ob the way tonight

  • @msddhoni7764
    @msddhoni7764 Рік тому

    Hi can you estimate now like this recession will end and market will get better when ?

  • @msddhoni7764
    @msddhoni7764 Рік тому

    Kindly share details about Cognizant

  • @VijayKumar-rk4ez
    @VijayKumar-rk4ez Рік тому

    Can you share salary trends in 2023 & 2024 for embedded engineers

    • @BingeLearn
      @BingeLearn Рік тому

      That will be interesting. Salary trends for 2023. I will do that

  • @a-warrior
    @a-warrior Рік тому

    As per the insider news, Gopinath didn't come weekly thrice to office plus some Mandatory courses were not completed plus he didn't complete PULSE survey and he didn't complete 2 external certification as per the appraisal goals..... and hence he was asked to resign.

    • @BingeLearn
      @BingeLearn Рік тому

      Haha. I hope you are being sarcastic

  • @tuhinspix
    @tuhinspix Рік тому

    Your prediction was so accurate sir

    • @BingeLearn
      @BingeLearn Рік тому

      His performance was weak. I never thought that he will resign without completing his second term for 5 years due to Tata's culture. But It was evident that his performance was below par. Hist 50 billion target by 2030 is also a very tough task looking at his performance so far.

  • @MrSatZz
    @MrSatZz Рік тому

    This is the first time I watched your video. Tell me something honestly, if you can. Do you do any research at all, if so, would very much like to see that? not talking about spilling some figures already available on the internet. It seems all your script is just sensational narrative.

    • @BingeLearn
      @BingeLearn Рік тому

      Good to see you Satyaki. even if it is only once. I create 1 video in 30-40 or 50 days. look around . 1 video a day by so many people. Senationalization has a different definition. you sensationalize things for your own gains. Here i do not see any gain. So definitely that is not a goal. Second point: Do i research ? I work in this industry in a very senior role. I observe these discussions around me. Facts are always provided by company itself in each research. Each publicly listed company provides data points as per the company rules.. So even big companies like Mckinsey uses the same data points

  • @sankhabhattacharya1650
    @sankhabhattacharya1650 Рік тому

    most worthless discussion, only target audience is fresh college graduates and NONE ELSE

    • @BingeLearn
      @BingeLearn Рік тому

      This was a comparison for people who do not understand this world. Means beginners. The video doesn't claim , it is for experts. Though I agree, this could have been better even for freshers. Though somehow People like this video.

  • @roary363
    @roary363 Рік тому

    I joined Cognizant recently as a fresher. I'm very much upset by their policies and I see no future here. Almost every other fresher I know in Cognizant want to leave Cognizant as soon as they get experience.

    • @BingeLearn
      @BingeLearn Рік тому

      things willl settle down soon. Market is very tough now. and New CEO is addressing this problem