Hi,
Top most Firing IT companies in India
1) IBM - Right now this is the most firing company for IT professionals. In the last 6 months, this company has fired nearly 20% of their employees because of BG check and performance issues. This is the most insecure company from an IT professional's point of view. They don't have any strategic plans at HR policies regarding employee security. No appraisals (maximum 10%).
2) Accenture - This is second top most firing company. The firing rate is around 5%. This depends upon outsourced projects; they have a unique system where Accenture development centers around the world bid for a project coming into the company. Currently Philippines centre is taking the cake and the Indian centers are in a firing mode.
3) WIPRO - Firing people with very frequent back ground checks and firing them with out even experience letters and relieving letters (will mention as terminated from services)but will promise the employees that they will retain them. After the project is over they will fire away. Will threaten of criminal cases against such employees if they oppose the move and has also filed against some.
4) Intel - Recently joined the league. Running in heavy losses, hence firing 3000 employees in the Banglore center in a phased out manner.
5) CTS - Has a steady firing policy (checking the Educational background and previous employment and also employee performance in work). In a Recent HCL walk-in, around 50% attendees were from this company. Sadly the I-pods have not helped them.
6) CSC - Excellent package but fires folks in Background check and those on bench regularly. Recently fired 400+ employees from its subsidiary Covansys.
7) Satyam - Currently stopped firing. The Attrition rate is very high. No firing from 2005 until now when 1000 employees were fired in Hyderabad.
8. Patni -- They fired so many employees that currently they are facing understaffing and deficiency with number of employees. Very high attrition rate.
9) Keane India -- This USA based company is always involved in firing employees. Although they proudly say that they dont have hire and fire policy. Recently they fired java and as400 professionals after which most of the employees have started to pack their bags. Employees change this company within 1 year.
So take care before accepting offers from these companies.
Secure IT companies in India
1) Microsoft - Has projects till 2050.
2) EDS - Most secure company in India. Not laid off any of its employees even during 2001. Has lots of projects in Defense and financial areas
3) HP - Dream Company. In-house and outsourced projects
4) TCS - A govt. Company.
5) AOL, Google and Yahoo - Best companies to work with, great job satisfaction as well as great salary and work environment. Rarely fires an employee. As they are internet based companies' they offer lots of opportunities to grow.
6) HCL - A good company to be in. Called as a retirement company.
7) HSBC- This is the most secure company. It has never fired any employee, even when they know that the employee is showing fake experience.
8. Aricent- a communication based software company, has never fired any employee and gives great perks & incentives, lot of projects in kitty. Minimal level of attrition.
9) KPIT Cumminns Infosystems Limited -- This is the most secure company not known to many. It has presently acquired CG Smith, Bangalore and has lots of projects in pipe line. Acquisitions plans will continue.
Regards,
Vijaya :)
From United States, Sunnyvale
7Top most Firing IT companies in India
1) IBM - Right now this is the most firing company for IT professionals. In the last 6 months, this company has fired nearly 20% of their employees because of BG check and performance issues. This is the most insecure company from an IT professional's point of view. They don't have any strategic plans at HR policies regarding employee security. No appraisals (maximum 10%).
2) Accenture - This is second top most firing company. The firing rate is around 5%. This depends upon outsourced projects; they have a unique system where Accenture development centers around the world bid for a project coming into the company. Currently Philippines centre is taking the cake and the Indian centers are in a firing mode.
3) WIPRO - Firing people with very frequent back ground checks and firing them with out even experience letters and relieving letters (will mention as terminated from services)but will promise the employees that they will retain them. After the project is over they will fire away. Will threaten of criminal cases against such employees if they oppose the move and has also filed against some.
4) Intel - Recently joined the league. Running in heavy losses, hence firing 3000 employees in the Banglore center in a phased out manner.
5) CTS - Has a steady firing policy (checking the Educational background and previous employment and also employee performance in work). In a Recent HCL walk-in, around 50% attendees were from this company. Sadly the I-pods have not helped them.
6) CSC - Excellent package but fires folks in Background check and those on bench regularly. Recently fired 400+ employees from its subsidiary Covansys.
7) Satyam - Currently stopped firing. The Attrition rate is very high. No firing from 2005 until now when 1000 employees were fired in Hyderabad.
8. Patni -- They fired so many employees that currently they are facing understaffing and deficiency with number of employees. Very high attrition rate.
9) Keane India -- This USA based company is always involved in firing employees. Although they proudly say that they dont have hire and fire policy. Recently they fired java and as400 professionals after which most of the employees have started to pack their bags. Employees change this company within 1 year.
So take care before accepting offers from these companies.
Secure IT companies in India
1) Microsoft - Has projects till 2050.
2) EDS - Most secure company in India. Not laid off any of its employees even during 2001. Has lots of projects in Defense and financial areas
3) HP - Dream Company. In-house and outsourced projects
4) TCS - A govt. Company.
5) AOL, Google and Yahoo - Best companies to work with, great job satisfaction as well as great salary and work environment. Rarely fires an employee. As they are internet based companies' they offer lots of opportunities to grow.
6) HCL - A good company to be in. Called as a retirement company.
7) HSBC- This is the most secure company. It has never fired any employee, even when they know that the employee is showing fake experience.
8. Aricent- a communication based software company, has never fired any employee and gives great perks & incentives, lot of projects in kitty. Minimal level of attrition.
9) KPIT Cumminns Infosystems Limited -- This is the most secure company not known to many. It has presently acquired CG Smith, Bangalore and has lots of projects in pipe line. Acquisitions plans will continue.
Regards,
Vijaya :)
From United States, Sunnyvale
Dear Vijaya
Greetings.
Thank you for sharing of one of the vibrant topic of HR on the last day of the year. Your information is thought provoking and very useful for all the HR People to have a knowledge on attrition and firing.
Each one wants to associate herself / himself in a company where the future prospects are there. Your information will be a eye opener for any IT Company in re designing of their HR Policy.
I expect our seniors to spell their views to take this post further.
Cheers
Trisha
HR Professional
From India, New Delhi
Greetings.
Thank you for sharing of one of the vibrant topic of HR on the last day of the year. Your information is thought provoking and very useful for all the HR People to have a knowledge on attrition and firing.
Each one wants to associate herself / himself in a company where the future prospects are there. Your information will be a eye opener for any IT Company in re designing of their HR Policy.
I expect our seniors to spell their views to take this post further.
Cheers
Trisha
HR Professional
From India, New Delhi
Hi Vijaya,
Wish you a happy and prosperous new year - 2008 !! Let's hope so.
Yes, you are right and damn right about it. And, this trend is gonna continue for quite awhile until they come up with realistic benchmarks with a lot of amnesty.
Some truths for aspiring candidates :
> Bigger company does not mean bigger salary or better environment nor
' security'.
> In fact there is no such thing as 'job-security' . It is the candidate who
has to secure himself !
> Practice honesty. Build honesty into your c.v. Present/summarise facts
with a lot of clarity.
Rgds
Mohan
BANGALORE
From India, Bangalore
Wish you a happy and prosperous new year - 2008 !! Let's hope so.
Yes, you are right and damn right about it. And, this trend is gonna continue for quite awhile until they come up with realistic benchmarks with a lot of amnesty.
Some truths for aspiring candidates :
> Bigger company does not mean bigger salary or better environment nor
' security'.
> In fact there is no such thing as 'job-security' . It is the candidate who
has to secure himself !
> Practice honesty. Build honesty into your c.v. Present/summarise facts
with a lot of clarity.
Rgds
Mohan
BANGALORE
From India, Bangalore
Hi vijaya,
That was a good post from you.. Informative for each one of us!
It is unfortunate that most of the lead companies which most of them aspire to be a part of, do not have a secure HR policy. However, as our friends have said, its the employee who has to secure himself.
Thanks again
Bye
From United States, Columbia
That was a good post from you.. Informative for each one of us!
It is unfortunate that most of the lead companies which most of them aspire to be a part of, do not have a secure HR policy. However, as our friends have said, its the employee who has to secure himself.
Thanks again
Bye
From United States, Columbia
hi happy new year to all. the infomation which you gave is very useful for one who step-in. DON (DARURU.OBULANAIDU)
Hi Vijay, Thanks a lot for posting a very important information. I have cleared all round of interview in IBM Barakhaba Road New Delhi. but now i will think before joining. Regards, AYESHA.
Hi Vijaya,
Wish you HAPPY AND PROSPEROUS 2008
i got impressed after reading your post. It was a useful piece of information.
And personally i need a help from you.
Am doing my M.COM final year at present. I've to submit a project on STRESS MANAGEMENT OF EMPLOYEES. can you please help me for the same with some valuable suggessitions
Thank & Regards
K Jaichandran
From India, Coimbatore
Wish you HAPPY AND PROSPEROUS 2008
i got impressed after reading your post. It was a useful piece of information.
And personally i need a help from you.
Am doing my M.COM final year at present. I've to submit a project on STRESS MANAGEMENT OF EMPLOYEES. can you please help me for the same with some valuable suggessitions
Thank & Regards
K Jaichandran
From India, Coimbatore
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