IT Companies layoffs: Employees forced to resign? | Layoffs | Recession | India | Tamil Nadu
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- Опубліковано 14 жов 2024
- Across the world job cuts are on the rise and India is no exception. Several companies in India have announced layoffs and in the past few months companies like Intel, Wipro, HCL, Byju’s, Unacademy have laid off their employees. In Chennai, an IT company has laid off at least 400 employees and the Union of IT and ITES Employees claim that the employees are forced to resign. TNM’s Senior News Editor Shabbir Ahmed speaks to Alugunambi Welkin, General Secretary of the Union of IT & ITES Employees on what’s happening in the IT industry.
#ITlayoffs #Recession #India #TamilNadu #Chennai
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In 2004 to 2010 All trespassers were recruited -- people with out any knowledge on coding got H1 B in 2000 to2004 .. Husband gave experience certificate to Wife and got her job is USA. Ladies use to come to India for delivery -- Now exactly opposite happening -- every couple will invariably deliver their baby in USA ( so that baby becomes Citizen of USA) .. Easy money from 1995 onwards killed entire culture of decent living -- cost inflation from 2000 to 2022 is more than 15 times -- An acre of land sold in 2003 for Rs 12 lakhs 4 KM behind Meenakshi mall today for SFT it is 7000 ( 30 crores per acre of land ) -- All happened due to easy money IT people earned and they pumped into real estate .. Today clock has turned oen full circle
True
Please save money as much as you can. Do not buy fancy gadgets like the latest mobile or car/bike. Don't rush for silly vacations with selfish pals or relatives - they will vanish as soon as you get into trouble. Do not care what your relatives say or think about you. Kick them out asap. Stop your parents if they ask you to marry - even if they mean well. This is for both girls and boys. Marry only when you have 2 YEARS worth of money saved for emergency funds. Go for health insurance ( from Govt. firms ) as soon as you start your job.
Someone pin this comment
Simply being a Computer😂
It is better to be a beggar than to be an IT professional.
This should be followed all the time (excluding marriage decision)
Buying Rs 1.5 lakhs IPHONE 14 is really madness
I was in a IT company and went through similar push out when I questioned the MNC Management's ethics in allowing credit-stealing (by a top Management guy to justify his salary) of a path-breaking IP *(originated solo by me)* which is now fetching millions of dollars of revenue to the company. I have triggered a public grievance with the PM's Office (which is now under radar of Health Ministry) seeking Acts that impose effective reforms in HR services of such MNCs to safeguard the mental sanity of our much exploited Indian IT employees.
I hope you get the much needed support. I don't know why IT employees in this countries are treated like this. There is no organization that we can go to when we think our company is treating us unfairly. And IT employees contribute a significant amount to the GDP of this country.
@@k.p.4818 I wrote to GoI not for my support. I wrote to bring awareness in the officials and for bringing about uniform, just and effective HR rules in companies. So, all the best to all of us.
Companies come to India with assumptions that they no need to think about people as they have so much crowd..
@@MUBBK Yes, you're right. And our govt. also goes to the door steps of MNCs such as Facebook, Google etc., with a begging bowl (as the govt. is unable to generate employment opportunity).
You were just a slave and was just paid. They used you and threw to bin. This is life
If you have more than 10 years of experience in IT industry and if you are not upskilled to latest technology we are at risk.
IT union is a must.. the only industry which doesn't have union is IT
Not Dept. but Industry
No government will allow that to happen. Because they will lose money to run the government smoothly. So IT crony capitalists can't be touched by any politician
Corporates like infosys won’t ever let it happen.
@@KS-xp1od very true. Infosys guys are all culprits. They have got huge size lands at a subsidised rates from government in the name of IT development and jobs, but selling the real-estate eventually at a premium rate.
So you that you can do strikes and get the whole process to philipines 😂.
Which is why I immigrated to Canada as a Permanent Resident. I too worked in Chennai, India, and I was sacked by a project and I had to be in bench for nearly 6 weeks to get to a project just in time before I would be fired from my organization (starting with W end with O).
I then realized that our nation's market is going to be like this for IT, Banking/Finance/Automobile/Logistics/Supply Chain/HR/Management, and many other common professions which most of us educated people are part of. Hence prepared for IELTS, did other processes for Canada Permanent Residency
Landed here and I got a L1 job which is way low skilled compared to what I was doing in India but still able to get paid more than even my Senior Delivery Manager used to get in Chennai, India.
I guess immigration or doing some business is the key of the hour. Never rely on these big corporations
I left India the year I graduated in 2007. I had a campus placement with a Engineering company, But they DOJ was 1 year from the offer letter. As if they don't give sht about my year loss. I took that opportunity to migrate. If Indian companies aspire to be a global player then it needs to amend its employment laws.
@@navalfa7291 how did you leave India without job experience?did you go for further studies?
This has been the practice even in 2008/09 by INFOSYS and similar firms. Thousands lost jobs this way and then found a new job few weeks/months later. Nothing new is happening now. That’s how IT jobs are. Make hay while sun shines, but be prepared for the rainy days as well 😊
Is it really that bad?
Isn't they get good compensation and stuffs
@@aspirer47 yeah you do get severance. Normally 2-3 months pay(basically notice period amount). Some firms even give extra based on seniority .
In India the IT companies utilize resources like 10-14 hours of working but not paying the overtime.
There are thousand of companies out there.. there is no issue at all.. even if you get fired, there’s always some work available somewhere. Stop restricting yourself.
It’s your mind who wants to work at Google msft etc.. not realising they were also small companies once operating in garages..
Be brave in life.. I’m also an employee somewhere and if I don’t have a job tomorrow I’ll be working somewhere else.. BE A LION..
Good to see one positive mindset. I have resigned in my current organization and will be joining one of the big 4 firms but seeing news and posts like this everyday in LinkedIn YT everywhere it's kind of demotivating and creates self doubts.
You carry a practical mindset. But, not all of us work just for salary. Some work for the emotive connect on their chosen domain of job. But, yes, you are right. We must get out of the emotive mindset and be like you.
so true
Great positive mindset
I as a corporate employee is expecting a mandatory notice period to be served on both sides
That could solve some issues with EMIs
I am looking forward to the impact with AI coming into play. Both for employees and as well as for HR. The HR will be terminated as well.
@Arun Nair instead why not build an entire company run by AI completely?🤣🤣🤣 from security guards to the admin to the floor cleaner! Literally everything run by AI!😉😉😆
@Arun Nair Parag Agarwal was CEO of Twitter when he was terminated by Security guard. Vishal Sikkha was CEO of Infosys when he was asked to step down . Chandra Kocher MD of ICICI Bank is now arrested .
@@epicgamer7472 Might happen in due course -- How many people use Land phone now?.. How many people use Horse for travelling ?.. technology can change everything -- KODAK gone on record saying theu never expected film bsuiness will come to zero dur to Digital technology -- All our Xray -- MRI etc.. are now sent to Doctor over Digital not reqirng taking Print on film .. If tomorrow all courts reduce using papers , paper industry might be shut -- Today courts use 9000 MT of paper in a year .. Technology changes everything
HR will not be terminated. AI will take the place and the scene will be more inhuman.
Lost some brain sell..how HR can replaced with AI bro it's human resource should be managed by human only ..If AI started managing human it would be night mare
It's the problem of IT companies who are paying so much of salaries to the employees....an IT employees having 3 years of experience, switched 3 companies in between earning 12 to 15 lakhs without having an expertise and required skills ....why even the companies are hiring these people?
Cars24 laid off employees in two separate incidents. One was performance based, the other was wish and will of the manager. Who ever was his bootlicker stayed. I wasn't.
IT and software companies never gives life long services to a person.Maximum 20yrs to 15yrs of work only we can expect.
Great job, highly appreciated. I feel bad that our government systems and laws are still not implemented properly to save us when needed, but to have the taxes from us they are pretty fast.
You asked goi to go ahead when you joined this company?
@@sanjayvaidya4925 I am asking GOI to make sure that limited or private limited any company should not be using unethical practices and make their labour laws more strict so that such harrasment could be stopped. I hope that can a government do, or else most of the labour commissioner department don't bother to look around until they receive any complaint. Empowering your own people isn't much I am asking.
@@suvanwitochatterjee633 They have been using unethical methods and misusing GOI laws for a long time and fighting against them is hard to worst. From applying to recruitment, to getting a job to earn a livelihood and staying in the company or mnc is a fight for struggle, majority of the people can't fight against them and have been preyed upon.
@@suvanwitochatterjee633
when you work for money, once paid, then all innovations belong to companies, this is written in your employment contract, but you didn't care to read it, so why WHINING????
bhayya akka India govt n parties IT tukdon pe chal raha hai.. Billu barber aake kuch bhi policy chala deta hai.. IT ka billu barber covid aur vaxine ka gyaan pel raha tha..
The biggest problem in IT industry is lack of labor unions as is present in manufacturing companies.
You are paid top salaries compared with manufacturing, you want to give that up????
Basically you want to destroy the one job creating industry as Datta Samant unions did to the textile industry.
@@lincymathai6874 As such trade union is not bad thing, but when it becomes violent, things turn nasty like in case of Datta sawant. Before him there were unions in textile Mills lead by communists, George Fernandes and others. The greed to control huge unions by hook or crook led to downfall. Also at same time high salary of Mumbai textile workers and Municipal Octroi levy, Huge demand for housing land within Mumbai metropolis led to shifting of textile mills to other places.
Labour laws should be tough in India. This is happening on a regular basis with lots of industries. At least you are showing this news. Otherwise mainstream media is busy in
Hindu -Muslim.
Does india have labour ministery? and who is the labour minister??
@@pankajpaliwal5713 this must be an issue for coming ELECTIONS, vote for party which supports IT labour, if labour ministry is alive it will respond soon
We should ask our tax back
The more labour laws the less opportunities. It's your choice. One has to choose between (job+risk) or no-job.
Hindu-Muslim is a real issue and very grave issue as much as the miserable labour laws. In short our laws were structured in a such a way so as to constantly harass honest hard-working citizens and keep them engulfed in their survival which will prevent the citizens from asking genuine questions to the govt.
It is really true when it comes to threating part . Hardworking guys will never get promotion in a company because of worst management ..only option left to the employee is to change company and move on .. HR will never ask genuinely for an employee what went wrong because one on one happenes only between manager/management and Hr not with employee and hr ...
That's true. HRs won't t do much for an employee either. They just turn a blind eye
I work in IT and feel the heat. The unfortunate part is mostly tech people gets impacted and managers escape with having good rapport with higher management.
In 2 decades, too many engineers graduated but in this corporate world sometine street smart but poor resource gets sucess and highly talented peoples are impacted.
There has to be things to judge someone's credibility before they are fired.
I agree
I used to think the same, but what i have realized is that maintaining good rapport with higher management is our responsibility. We need to get in touch with management and ask questions on company vision, highlight our achievements in every quarter , have 1-to-1 meetings, skip level meetings.
Office politics is not a good or bad thing. its a necessary thing.
Well, you have to be at least Street smart and have social and inter personal skills, earn few friends who can influence management... Technical skills can be gained...
sad to read comments that people valuing rapport with management more than skill.. Skill is essential for a job, communication is a add-on, a luxury..
@@cpcool545 its unfortunate but IT industry is not meritocracy. Like it or not , That's the way it works. The sooner you accept it, the happier you will be
A 4 year experienced coder with a 9 lakh ctc goes in the market and offer shops and ends up with a 35 lakh ctc on his 5th or 6th offer based on each previous offers. This is what they do in a demand period....is he thinking about whether he is worth that money...can he deliver worth that money....lot needs to be done with the way they play when it's candidate market before they crib when it's not one.
This is what happening in IT companies now.Employees are not ready to accept it.
I remember during COVID first phase when i joined from campus placement some companies like kpit in year 2020 they were delaying joining and putting us training programs like genesis and pace without paying or giving experience letter for 6-7 months. We had struggled very badly because college was considering us as placed and companies were not onboarding. Training was terrific as like they were conducting things like a university or some board . Failure in training/exams would result in termination of offer.
Natural. When economy is strained the burden goes on to employees and investors. Those who invested in companies stand to lose billions in such scenarios.
You guys are slaves
U should not have joined. I worked in 24/7. I went through 2 phases of training. I was told during the interview that there will be a week training in first phase and i wonr get paid for it if i fail in that training. At first I was hesitant, cause i did not want to get exploited. But u worked many months and did not even get paid for it. I don't understand why u such company
@@HasnaAbubekar but why are they wasting time they should tell clearly whether they want to onboard or not ? There are rules in campus placement drive once you get a placed into a company with an offer they don't allow us for other companies'drives.
It's very painful to know the IT industry going through this pace. . Threatening the employee with the National Skill Registrary black mark is not a civilized system. But here Govt. is well aware as the system is followed. Now it shows, High Risk & High Reward is always together. When the core industry is not paying much, IT is paying more to its employees. There is always a risk in it.
FYI, the threatening with blackmark registry is only an arm-twisting tactics by Employers. *They cannot do it without justifying the same which is herculean.* In analogy, the Judges in courts can get you arrested in a fit of rage after you accidentally bumped on him/her in the corridors of court building. Not that you will rot in jail forever. Thereafter, you have the option of challenging the same in the court.
I am a old man -- In early 2000 an 22 years girl got job of 50K per month when my salary was Rs 17K after putting 11 years of service , how would I feel ?. It was painful then also -- A BCOM just pass girl got H1 B Visa easily in 2004 and went and settled in USA , it ws paiful then also .. When I saw centrally airconditioned office with spanky cafeteria ( in many palces it was free meal as well ) I was jelous as I had to work in factory at 42 degree centrigarde with toilet is 1/2 KM away in one corner .. Cafetria opens only at 12:30 for Lundh and till 2 PM .. Just imagine -- No girls in fatory -- Hgh temperature , high risk job -- If plant stops at at - Boss calls at 2 Am to do job at heights with the help of labourer who are sleeping .. Just see how IT sector enjoyed life for last 20 years
@@spg6651 I can only sympathize with you. But, during cave age and stone age, the sufferings were more compared to yours. As humans become more civilized, certain facilities are assumed and taken for granted (like toilet facility in offices). With such comforts; human needs, wants and greed only increases. Therefore, such cheatings happen which can only increase in the absence of morality, simplicity and contentedness in the personal life of humans.
Code testing it's very old style for resignation in companies and currently following olden days techniques without speaking with employees.Anybody can automatically resignation from post reality of IT jobs in India ,very proud to be in India 🇮🇳 .
Well said :)
Try to use commas and full stops next time
@@avi4francis ok thanks for your suggestion
@@avi4francis r u blind ? The guy did use them.
Even IIT IIM people are also struggling nowadays Very stressful life when you are jobless I am from Mumbai The same situation for me also
It is better to be beggar than to work in IT.
IIT was great - No longer because of government policy of reservation and opening of new IITs ( there are 22 IITs now ) the quality has come down drastically -- And KOTA factory which prepares for IIT JEE is killing overall development -- IITs of 1980s were Gem of people . Not now ..
Just move to any European country and find a job there.Much better than India and even US .
@@AmritenduRana31082000 Who stops you?
IIT IIM folks struggling? Where?
HR is a scape goat. It is Private Organisations, MNC's & Corporate Culture, Management, Internal Politics - Don't just blame HR. 🙏 The Firing decisions are made by Organization's Management Member's and HR just follows the directives from Organization's Management and laws laid down by Law Makers (MLA, MP). 🙏.
I am not defending company here, but writing conceptual pseudo-code (on whiteboard or paper) is very authentic method to test for core knowledge of a programmer.
Meanwhile Chat GPT is just printing code for the rightly asked question. If all went bankrupt for whom they are going to sell their product because 90% and above companies are based purely on Fintech either direct or indirect.
@@Siva-en9sw ChatGPT is not always right and will not take responsibility for the code, will it ? It's no replacement for actual engineers.
Then what are you trying to tell ?
Hey ChatGPT or even bigger AI may come and replace jobs. But guess what, for whom the product AI makes for if no one has jobs to pay for it. Even if company loves AI, they can’t make it happen unless there’s free food, free education etc. So stop daydreaming and start working
May be till the end of last century, NOT today.
I was working for a company which comes under fortune 100 and 2 months ago they forced me to resign while I was in my probation period.
I was not on the bench, I was working beyond my working hours.
Don't want to take the name of the company.
Fortunately got placed on a good product based company within 15 days.
The only thing I don't understand in india is why we are keen in destroying someone's confidence. Our way of management is always shame, fear and confidence destruction
You are 100 percent true.
He has opened a Pandora’s box . More cruel stories are yet to be told . This issue is neglected by media for longtime .
It is still ignored by the largest section of media, which is mainstream media (TV channels, Newspapers, etc)
Virtusa is not reliable
We parents swept out energy and finance and all resources have been utilised to produce an engineer who is simply placed at the mercy of heartless business people. Does anybody understand this heartburning?
You should have produced better engineers. Still not too late...
@@PRAD33PK 😂😂😂
@Pradeep kodani I guess her son’s behaviour is better than your behaviour. Don’t even know how parents work hard for children. If you don’t know ask your parents. Commenting on others is easy dude.understand what she is saying or least never mind. But don’t critisize. You will know when you become a parent.
@@mohithgollapudi7250
Why so afraid of criticism!? Afraid I may be right?
No industry, government, company can do anything about hard working children or their parents if their work and output has no commercial usable value.
Engineers are still being hired at a rapid rate while many lose their jobs at the same time. And many are being rehired. Why is that?
Companies are pivoting to different industries, markets and technologies just to survive. If the talent doesn't follow suit and adapt, then it will be wiped out. Forget industry, this is how nature works.
Now whose fault is it that we are mostly putting out young engineers capable of only clerical coding and not situation-specific development?
Should we blame:
the young engineers?
Or the industry that is trying to survive and keep going?
Or parents and colleges that glorify engineering only as a game of scoring marks with no critical thinking associated.
Because I am sure you know that industry is still paying top money for skills that they need and are in demand.
If we haven't prepared the kids to understand that and act accordingly, then whose fault is that?
How can any parent protect ill-prepared children for the rest of their lives?
What value is such hard work and heartburn if you have not prepared the young ones for how brutal this world can be?
Now, in my opinion the glorification of the engineering vocation by itself and not the knowledge is why we find ourselves in this position today. So instead of producing just generic "engineer" clones, how about skilled and well-rounded individuals who can adapt and thrive, who will have the wherewithal to survive in this current economy, where plenty of opportunities still exist.
Rant over, peace out!
@@PRAD33PK wow, I thought you would argue with me,rather patiently enlightened about What your point totally was, much respect to you man. Hope most of the people realize, that they were in a rabbit hole, I don’t have any answers for your questions. But I can say parents try to get the best out of children, without knowing reality, as they might not be that educated about market. I can surely say the fault would be on the bs colleges and government bagging Money from corporates. This is a time loop like a limbo. This doesn’t end. On a final note, parents can share their feelings how bad it was outside, they need not to prepare their children for the worst, they can prepare them to do their best. Peace dude.Again I feel great talking to you. Much to learn.peace 😊
If some company does not want your services don’t work there. Simply look for new job and respect.very common things these days.
I have worked in virtusa and faced similar kinds of situations, encourage youth to avoid joining such company unless you are dying.
Private jobs aren't like Government jobs .... Employee's are supposed to be prepared to move on...
During economic slowdown always the companies will force employees to stretch themselves and deliver. So more work for employees. Smartest thing one should do is to resign on their own, take a break and use that break to hone his/her skills and get ready for the wave. IT is a dynamic industry. Ups and downs will be there continuously. If you have the right skill, you can sell yourselves anyday
Right skill, but there must be also some active hiring know, sethuv
@@IrkyMan even now recruitment is happening for niche skills. You won't believe many projects in my organization are not able to find a suitable techie for months now.
What technologies you are looking for
@@sethuv6706 Ohh man really? Here I'm stuck with a shitty project of 2010, working on Struts framework.
But I wanna prepare myself for Data Science. The only question is if I complete a course, will I get a job?
Yes, talented people who has high in-demand skills are still on demand especially in India. These media just blows everything out of proportion. Companies that laid off are mostly underperforming during Covid.
I have faced a similar situation and went to labour commissioner in kerala but he just told this case will go under civil case and they can't do anything ..since I was a manager they told this complaint doesn't come under them ...and with the current system ...going to civil case is another big process...!! The points mentioned here are correct they forcefully ask to resign...if not they will terminate...telling poor performance!! We need strong labour laws
It is better to be a beggar than to work in the IT.
What really matter when it goes to court is what was written in offer letter..
@@shivaji856 Yes -- Terminating without assigning any reason is written -- They hire you since they had work -- Today they do not want you -- Its that simple
Anyone with a designation as Manager is not a labourer (even if you are doing labour intensive work). You come under LC consideration only if you have none working under you.
Even if Labour Commissioner doesn't make a reference to labour Court citing such lame excuse, an employee still can approach labour court directly after 45 days of filing an complaint to Labour Commissioner. Just being designated as Manager or Director doesn't put an employee out of ambit of Industrial disputes Act 1947.
Labour Commissioner has no authority to decide if a employee is a workman or not. Its a disputed question of law & facts. Its a duty of a Labour court to decide on the said issue & declare if it has Jurisdiction to adjudicate the case before it or not.
This is what happens when an employee has zero knowledge of labour laws & obviously companies will take a employees for ride. It always wise to know some basic rights.
Being confined to the same position/role in any IT company for more than 5 yrs is vulnerable. Better re-skill and move on - good for the company and also to the individual.
once recession is over they will find so much difficulty to hire talent
Zensar laid off in a similar way in 2008-2009 financial crisis, they asked many campus college recruits to appear for a test and almost 98% were asked to leave after the test..
I remember the days when IT employees from India really rejoiced the fact when there were job losses and layoffs in the west and some were even arrogant enough to say “we can take your jobs sitting in India “ , Life does come a full circle doesn’t it ? IT employees are living in Lala Land . He says that there is a humane way to do this and wait until the employee a job , well that’s not how it works pal . People in India who are now saying we have EMI’s to pay and medical bills to pay should spare a thought for IT professionals in the west get laid off . Welcome to the real world . It’s a private company they can do whatever they can .
Chat gpt will take every software job
@@calvinripley9093 Wait, it'll replace only coders/developers right??
@@ShyamSunder-yk8zj Good luck trying to find soulutions to complex business problems through chatGPT.
When the boss has decided, all u can do is to look for another job. No point fighting it out.
But companies blaming employees is not the way to go about it. They need to lay off saying a sorry and say they don't need u anymore. Be honest about it. That's all.
Let me tell you a real story of person who switched from Genpact to Amazon. Everyone wants career growth so he did too. He joined Amazon 6 month back and there was a 3 month training happened. He was allocated in project work when only he completed his 2 month. Everything was going good and he was doing good in his team. But since last two weeks they are pressuring him to resign... They are saying your performing is not good... TKT score is low so you will be terminated. He is confused now whether to get terminated or resign. I am trying to look a suitable job for him but it is taking time. It's quite shocking and he saying he is working quite hard and his manager also saying I know you working hard and your intent is good. But your performance is not coming in system.
ya..
MNC life- if you are in billing(project), you are safe. Otherwise you are not safe at anytime even you are skilled
Even in billing you're not safe. The clients from Europe are downsizing the project and it's impacting here in the India.
I am sorry, I don't understand what a "billing" project is.. Do you care to explain?
@@pradhanh1641 client will pay to your employer hourly rate for the work that you are doing for them
@@somasundaramb4295 Thanks, got it
Not safe client is smart now days too much micro management..now days it companies only god know .......
Reality is startups are losing money because we have forgotten the rule 1 of business😣
No wonder people are so crazy for gov jobs.
In Wipro one of the person Robert irudyanatham forced me to resign from my job . I did that because as a fresher i feared .
I was thfown out fdom last 2 jobs forcefully. The first company asked me to resign n write a mail to hr that i am resigning on my own. Last company made it impossible for me to breathe by giving tasks i am not trained for. Infast in my last company i had the best metrics out of a batch of 17 ppl. By gods grace i am jobless today but got a chance to be in my hometown n serve elderly parents. I am fdom a small town where most jobs would fetch 10-20k but m happy jobless guy working on sharing emotions and retaining lost health. Good luck to you guys.
More power to you bhai.. May god give you strength to sustain this
@@sameerjoshi2324 thanks Sameer. No more heavy breaths. I wish to never go back there for a meager income and imperfect life. I am a human first. God bless you all.
Superb. Hope others learn from u. Job loss is normal any industry and depending on economics. I believe the universe take a care and opens new doors if we knock right .. like u have. Be happy . Hope others learn from u
What is your skill set
Labour dept will get huge sum from these corporates. That's why they are exploiting freely.
True 👍
Also another thing which i observed recently is so many fake experience employees are getting in to IT with fake certificate so it s affecting real experienced employees
You must be from AP or TS 😅😅
@@chaithanyav6646 Karnataka bro
Fake certificate business is at least 2 years old -- I remember people got H1 B visa based n fake certifcates -- Fake certificate was norm in 200 to 2005 when TIME and MAterial was business model -- More head counts more revenue -- client use to pay based on FTEs whether they work or not immaterial -- I know it first hand --
@@gowrishankar5825 howda… hangadre aa fake jana AP illa TS inda pakka. Fake certificates alli sakkath agi sigutte
ಕನ್ನಡಿಗರು ನಮಸ್ಕಾರ
ಯಾವ ಕಂಪನಿ ನೀವು.
Must be cognizant!! I heard the company does something like this a part of their employees yearly evaluations!!
All IT n corporates are rotten eggs of the same basket 😏
Why are they not revealing company's name
False information
Why is this not on every major news channel in the country already? Everyone talks about layoffs in US and UK but nobody wants to deal with issues in our own country :(
Our media is busy with hindu muslim
Mainstream media does not want to talk about anything the government does not want to talk about...
Because there are no proofs. Major news channels cannot release a story based on a few employees' statements. If they do, the company will sue the channel for defamation.
@@ANBUJ It would there job to investigate before releasing the story, but anyways our we cannot expect that, they can only shout every evening trying to defame anyone and everyone without doing any real journalism. .
Clearly both service and product based companies located in India are affected by it. The recession and layoffs may continue till March 2023 end as per my calculations.
Entrie 2023 -- Eary 2024 only green shoots expected
@Cloud Guru Amit : Can you share your calculation?
@@MohanRaj-vp1zt 😆 😂
So govt job is safe till our retirement
Take back all the govt benefits if this kind of complain are serial against any company . 2) Notice period of 6 months salary should be given from either side . If employee resigns even they have to pay salary of 6 Months .
You are not hired. Then companies don't have to pay. Go and start your own company that offers all these.
@@HasnaAbubekar If one is NOT hired then Comp doesnt have to pay so whats special ? I am talking about stopping the Firing in name of performance appraisal
Virtusa is a cheap company
Where did virtusa come from ?
LOL
The interviewer asked, 'How is it even possible to write codes on a piece of paper... ' 🤣
The interviewer is supporting the interviewee from the beginning
Virtusa doing from past 2years same. If employee will force to region if people on bench
Hi Sir I have been a victim of Layoff
I used to work for a BPO/IT company which has its offices all over , I was a part of project management team not part of BPO section and was called by my reporting manager (Sr VP) along with HR Director , the reason they gave is as a part of reconstruction they have asked me to go home
Sir any help ?
Nowadays there is No Interview Panel to select the Candidates.. All hired through References...
Reason for these Confusion....
If a candidate hire through Interview Panel, then there is No reason for Layoffs..
A company can fire you when it wants. They dont need to give a test. They just need to give notice.
Similar thing happened me with a satellite based ISP provider company. But they took a professional approach with 6 months time to improve my performance. I resigned within the due notice.
How long is due notice and what is exactly if i may ask
People above 60 would know what happened in Simpson,Standard Motors etc. Now they are history!
My brother was also forced to resign by his manager aftet first covid wave MNC company for 2yrs he had struggled for a job...till date they hv not relased his PF...when we approved to advocate he so expensive don't know what to do..
thats why i always ask people to get 10-20 job offers while in notice period
this will make companies behave properly hehe
Why would an organisation do away with its resources?
1. Because they don't have enough projects to leverage these resources.
2. The resources may not be adding value during that state of buisness.
3. There may be disciplinary issues.
4. There may be personal issues with people managers / supervisors.
As a resource people should understand that once an organisation has decided to move you out for any of the above reasons, your long term survival in that organisation is not viable.
An organisation at best can be empathetic about it and probably give a decent notice period and a severance package.
Does an employee think so much about an organisation when they move for better opportunities ? In today's world it's okay to be laid off in two to three jobs, no one would judge you because you were laid off from some company. Even Steve job got laid off from Apple.
So if you are laid of any of the above 1,2, reasons fact is that much cannot be done. If it's 3 and 4 it needs to be handled well according to the situation.
Our regulations also need to come up with modern thoughts like allowing moonlighting, standards for gig economy, work from home etc.
There is no point in trying to form unions and taking action against the company etc as a collective. One will only end up creating a combative image which may hamper future business opportunities. Imagine what would have happened if retail shop workers created a union and created ruckus during lock down. What could the retail shop owner do ?
Software industry workers could at least work from home during that time.
Its time we Understand that all the jobs ( not only IT) in the world are volatile like this. If everyone started making collectives and taking action, progress is hindered.
What could employees do in such a situation, pause and do a self analysis, develop own skills and be more relevant to the organization. As long as you are resourceful with right attitude, you will find opportunities. Ups and downs are part and parcel of life and learning from that and moving on is the best option.
(All opinions are personal and not that of the company i represent)
Well said -- I always say my father retired as Asst Commissior in State goernment revenew department with Salary Rs 5000 per month in 1989 .. His responsibility was huge -- Being a non corrupt to the core our family income was only Rs 5000 per month and that is it. Today IT employees get R 30 to 40 lakhs pacjkage -- Who decides what pacjage is judtofied -- Its Market DEMAND and SUPPLY -- I know one case JAVS STRUT skill was not availble in 2006 one giy demand huge salary which is going utside grid -- Took special sanction from ED and hired -- Afterwords we came to know that skill is availbe in plenty in pune .. Its all Marker driven.
Most same response. If one is not happy with what companies do, start your own company which does what employees want 😂😂😂.
Companies are not your life. That's why we should just consider the feedback while accepting offers from ex employees. Of course it's common that companies will fire people as and when required, only thing employees can do is keep upskilling, go for other companies. Out of 10, you will find a company that suit you!
Agreed. The current company I'm working in is fourth company. First one is a MNC but worst management ever. Manager and my TL were yesman to the BU head. I was forced to resign. I did not even do notice period. Just resigned on Friday and received my experience letter on Monday.
@@shaidanwheel6199 great
But layoffs have been stopped now right?
No, just starting
Don't worry will soon find job....i have gone through sim ilar phases from 2000 onwards....its part and parcel of economic cycle
After 40_45 yrs age all employee have to get retire they will not keep old people,
Discrimination by age .
Like all engineering courses, IT has slumped down the line and it will decline more. Get ready for more
layoffs.
Information Technology (I.T.) Companies in India are *Parasites* They earn huge profits, but complain about infrastructure, lack of skilled manpower ....... They do not want to go rural areas and setup there , everything for them should be plug and play. On the other hand manufacturing companies have set up in rural and hinterland and have invested in infrastructure and providing employment to poor. In fact many colony /township set by manufacturing companies have become cities today like Jamshedpur, Bhilai, Rourkela, Dandeli.....I.T. companies are only profit minded, talk big on ethics ,CSR all show off.
Come on Guys, you think there’s just one company in the entire Nation? If they Chuck you out, the heck with them, you got a lot of companies who are ready to hire you. Trust in you and your skill set. With right skills and commitment you can land anywhere
Why do you thing IT thrived in india its because of poor labour laws and not because the US people thought we are good with something its just that they saw huge population were competition will kill the voice of the one or two who will speak up.
There was a time where employees dictate the market , even huge joining bonus was given . Now its other way around . Its Market speaks!!! When we have premitive means of Labour systems then these methods happens. Employees and Employers should have the right to hire / fire / join and leave as market Demands. Getting approval from the Labour commisions for hiring & firing its absurb .
Writing code on paper is very common during interview process of many good companies. That should not be point of discussion. But using something like that to just layoff people is unjustified.
Its a stupid thing to do
Faced similar interview where I was asked to write on paper and he didnt accepted that the code will work on computer🤦 I asked to bring his laptop so I can show him but he didnt agreed🤷♂️
And IT companies wonder why employees are not staying more than 3-5 years
Hey shabhir, this is what exactly you were trying to do to Annamalai. You were Demanding an apology from him for no reason,
The field that was chosen itself is very vulnerable...
We cannot ask anything.
IT doesn't come under any board or union.
There is no ethical or unethical practice, we have no right to comment on it.
Whn companies are paying more for the capability, no one questioned why they r being played more! Whn company decides to terminate, the companies r being questioned...
Is this ethical from an employee perspective?
We IT folks r always Use nd Throw...everyone should absorb that fact nd keep it in mind.
Work mindfully, keep upgrading urself , have confidence .... No one can do anything to our career or future .
Depending totally on others is not a good reason ...nor it is correct !
In any industry there is an employment contract between the employer and employee which clearly states the terms of employment, including leaving the company, retrenchment, etc,.
Employers are obligated to provide a agreed upon severance package when letting go of an employee. That's it.
Similarly the employee can quit anytime by paying the penalty for not serving the notice period as agreed to in the employment contract.
Why do some employees still seem to believe they have a birth right to be provided employment under all circumstances?
Alternatively, why do employers seem to believe that they can hold back, hire and fire as they please?
Are all these professionals on all sides so dumb not to understand basic aspects of commercial contracts and market dynamics?
No no no. These people think that once they are offered employment the firms are bound to sustain them all along. As if they are government employees.
@@HasnaAbubekar Companies not providing severance package unless bankrupt should be sent to courts as well.
Some company make tricks to make f&f a financial loss
But employees can jump like monkeys from one company to another when the market is good.
Severance package, employment bonds are not respected. Lack of professionalism. That's why
In India Your Own managers are tough to handle than your clients. Clients understand your problem but your manager will ignore it. Micro management every where
I am also facing this issue. My hr is also saying to resign with some personal issue.
these things were nothing new, i kicked out the same way from the dell engineering division, was on pip multiple times during my decade long stint with the company, at the end i refused to play the pip game and choose the exit path, I fed up with it, company and decided to move on with my life, one of the best decision which i was made in my life, but the trauma which was made by the company is still haunting and i am sure it will be with me till my breath stops, all the best michael.
IT companies are not your Mommas company !! They run on profit !!
If they are not making money they sack employees, thats normal !!
They not asking to resign they give mental torture and ppl started to put paper
Unfortunately it looks like companies get away with this sort of blackmail in India due to lax enforcement of the laws. It is very difficult to dismiss an employee in the US for performance issues - a strict procedure needs to be followed including giving the employee a chance to improve performance. However it is relatively easy to layoff an employee - for financial or organizational reasons - a layoff does not stigmatize an employee in any way with other companies. Moreover in the US companies have a policy of not giving a recommendation to their past employees - other than confirming the dates of employment - to other companies. Your colleagues or supervisors may give a reference in their personal capacity - and no one will give a bad reference - they will just decline to be your reference. This is because the employee can sue the company or the referee for damages for a less than optimal recommendation.
But they can terminate you live with an email. Rofl.
@@prabhakar0076 So? Much better than playing psychological games making you quit while they want to lay you off. It is made very clear up front that employment is at will. Yes email sounds harsh, but I will take that any day over being browbeaten and threatened to resign. And the US employer does not dare to badmouth you to other employers - even a threat of doing that will result in a lawsuit.
@@sskk1617 yes, it is hire and fire system in US. Until Corporate systems got popular in India, employer and employee relations were a family like with some exception companies but most of them even give job to the son after father retires. Even employee wouldn't change companies frequently for Extra package.
So this has to happen.
for US/Europe it is even more easier 😅
look what Elon Musk did to Twitter.. what Amazon.. Microsoft doing ..Meta .. all FAANG doing.
govt job is the only way
Indian Tech Sector Should Be Made Recession And Slowdown Proof Where No Global Crises Can Make Any Lay Off In India
The first mistake these companies do is to over hire, giving employees false hope.
The reality is, only a small percentage of engineers are actually employable and needed.
And in times like these, during economic tightening, we see their actual capacity.
Paper test, is completely normal. But using that as an excuse to fire people is wrong. Don't hire unnecessarily in the first place.
I see most of the IT people were not United to fight for anything at all,we have to show our power with our unity and United force,else firing will be more normal than hiring!
Government should involve in this matter, we need proper law for this. Since it’s private company , politicians should stop taking bribe from these companies. Allow, indian origin companies to grow , have some ethics both employer & employees.
With due respect and sensitivity, it is far better to use our savings for learning in-demand skills online and start freelancing. The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
@@complexysr Nice quote.
Who stops Indian origin companies from growing? Start a company and grow. You can yourself start employees union in your company.
@@HasnaAbubekar Agree with you. But, our laws are archaic and few officials in key post are corrupt. Besides, Indian companies don't carry huge cash reserve (unlike MNCs) to invest heavily or sustain for long. Glaring example is IP-grants that go denied to Indian companies but the same idea granted to MNCs (because of their ability to fight tooth-and-nail in courts)
I am shocked when i see metlife onroll employees are forced to resign before their deadline
While the methods such as forced resignation etc are completely unethical and unacceptable, every employee in their clear minds sign the contract of employment which clearly stipulates a termination clause.. This is applicable both ways and If followed,employment termination is a legal event. Conditions such as economic slowdown or recession is a classic example of situation beyond control… I have not seen to-date a single employer anywhere who will be humane and pay salary to someone beyond the notice period as in employment contract. Such is the fate of the IT industry. It will be good to know if the union could really do something for someone who lost their job or is this going to be plain emotional talk..
Union not possible as there is no law which helps here
Altisource Bangalore is one notorious one that is going unnoticed
It is one side discussion.
But good to know the corporate actions.
At first, these HR's needs to be evaluated. Does nothing for the company. Do not even know whom to hire or ask the right questions
Imagine those who are having EMIs to pay for those premium flats they purchased outright... Suddenly u are fired and now banks will seize ur priemere flats and cars for bad debts
I am a fresher in virtusa, my company is calling me to office which is in Hyderabad but i stay in Mumbai. I told them that its difficult to join as my parents are ill. I also asked them for relocation in Mumbai, but they didn't listen. They are forcing us to come to the office.
If the employees are free to leave the company, why can't the company fire them? It's a free market. However, the separation agreement must be honored and give whatever the compensation is promised.
Sir all employees will not leave at same time at the same time where all the employees are laid off
Is it really a free market? Is an individual employee really as powerful as an organization? Please speak something that makes sense.
@@yashmishra1024 Please don't join any organization. Be your own boss by creating an organization and give a life time guaranteed employment to your employees. I would also like to join you.
@@pvenkatachalam5411 Respect sir, I doubt your authority over me to dictate if I must join an organization or not.
Your comment was on a public platform that said : " It's a free market. "
I questioned that particular claim.
Now if we talk about what should be the Labour Policy of the government and what kind of market we have, everyone has a say, thus I kept my words.
However if I must join any organization or not definitely doesn't come under your jurisdiction.
@@pvenkatachalam5411 Sir are you there?
I think only companies performed poorly facing layoff. Wipro, Byjus , Unacademy etc. Wipro already had highest attrition and most of the employees of now mostly freshers or work-learn program students. And also projects were poor. It’s not a biggie. Only two advices, frugality and up skilling. Go back to basics.
Wipro is a gone company. No miracle can bring it back in the league. On top of this the chairman behaves as if he's still stuck in the industrial era of working
income tax collects from IT employees. But no support or investigation to victims by authorities.
Income tax is based on income not on sector. Why you expecting any preference by authorities. In India every second person is IT coolie now so authorities can't personally solve everyone's problems!