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)TCS — Previously it was an government IT Company . Now a days TCS also
becoming firing IT company. Recently they fired around 500 people.( employees
below 2 years of experience) and TCS lost many projects
recently( especially British Telecom Projects).
3) Accenture — This is second top most firing company. The firing rate
is around 10%. 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 Philippinescentre is taking the
cake and the Indian centers are in a firing mode.
4) 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.
5) Intel — Recently joined the league. Running in heavy losses, hence
firing 3000 employees in the Banglore center in a phased out manner.
6) 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.
7) CSC — Excellent package but fires folks in Background check and those
on bench regularly. Recently fired 400+ employees from its subsidiary
Covansys.
8) Satyam — Currently stopped firing. The Attrition rate is very high.
No firing from 2005 until now when 1000 employees were fired in Hyderabad.
10) Patni —- They fired so many employees that currently they are facing
understaffing and deficiency with number of employees. Very high attrition
rate.
11) 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. Who knows? What happened to
yahoo can happen to Microsoft even tommorow
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) Infosys — Dream Job. On a way to achieve the status of a secured,
stable Govt. company. But have to work from 9AM to 9PM.
Suitable for the workaholics alone.
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.” Nothing
much happens there
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.
March 12th, 2008 at 11:06 am
Laterals.., Never believe Wipro HR policies.., its like a snake.. will only bite you at the end of the day..no job security at Wipro for Laterals…
If required, they may help you manipulate your CV during recruitment (seen such cases..was also was part of selection process at times 3 to 5 yrs back, plz don’t blame me- instructions given to me are like that) this is not to help you !!!! believe me. You are in trouble if you do this and join Wipro.
When few companies use performance as basis for freeing the free pool/ firing technique with prior notice saying your project got over. But Wipro gets your old record itself to downsize their the freepool. It fired few with above 5yrs of working in Wipro not based on performance.
Now they have about 8 thousand in freepool. they fire a reasonable number for their convenience, later they will stop firing for some time. Again if the pool size goes up they again fire few more. They do BG checks before appraisals. BG checks done at Wipro are multiple…twice in every year..when they don’t need you at some particular point of time…then you are gone in next BG cycle..otherwise why after 5 BG checks they are firing now during 6th cycle? Cheap tricks.
One provide a great dinner and makes you sleepless whole night, rest of your life…
Or
One who will not invite you for dinner
Or
What do you think is an offer?
They will keep your BG in hold if you are to deliver somework for next week then after your work gets over they talk about integrity in the discussion with you…. means they don’t bother about your personal life commitments/ notice period but they do what’s convenient to them. INTEGRITY !!
They don’t mind to update incorrect reports at entry, but once they find you heavy…they talk about integrity. Where is the very word INTEGRITY..
when they are recruiting altered CVs when they require you saying “Walk in and take the offer”? INTEGRITY !!
Suggesting altering CVs for the current requirement? INTEGRITY !!
When they are making people work at onsite on B1 visas? INTEGRITY !!
Billing unutilized hrs? INTEGRITY !!
Billing leave days? INTEGRITY !!
Using WASE students for full time work along with an employee still saying employee benefits won’t apply to you because you are still a student and you are paid stipend? Suck their blood and pay peanuts!! ITS ALL INTEGRITY !!
Now…ask a goodhike for your performance or ask for onsite or ask for a release or ask for good role in the team or ask for a long leave for personal reason…. they still can do this firing action—-cheap management.
The leader has money to invest his vision get profits but no human values. I don’t know where he want to take India with profits and no human values.
I don’t want to support who do CV alterations…but
India is a developing country…The quality process you set up should balance the rate the country is developing… Only fools expect a 100% quality just overnight…it should be convincing to both parties as both involved in the fraud…under the roof called Interview process.
Mr. X is getting salary for the work he/she do AND You will be paid profits by clients for the work Mr. X has done for you.
At some point of time after few yrs if
You say Mr. X is false now and you fire/ terminate Mr. X or His career(if you believe it is legal) AND what should the client do(ing) to you? …is he terminating your contract or going to fight legal against you for the false info you provided to client about Mr. X as you are responsible here and billed Mr. X accordingly?
In any situation Mr. X the looser because Mr. X befriended with Viper(wipro)?
Don’t blame talent just for the sake of your profits/ cost cutting/ etc.
No one will remain in the organization where job security is poor. They only spend time for salary…give him job security then you will get worth of it, if you don’t understand what is its worth, don’t ask you will be there where you are now or even down.
For example: When there are 10000 specialists in a technology, already in work with different services companies. Let’s say each company got new projects offshored, and let us say all companies require about just 100 laterals. Do laterals born just because you wanted them now????? Even if you get few laterals from other companies…the same case is with other companies…so if you can understand this equation you can understand how you are encouraging a talent to do a mistake… in India we already have hell lot of problems…this is a professional way of encouraging a talent to do mistake, putting him in trouble.
Warn him before doing a mistake but don’t give him a chance to do a mistake then end his life. It is like selectively ending career of a talented Indian. What do you think he will do after this action?
I don’t blame who cook their CV….I blame only the leader who is greedy about his own company growth not having a vision ‘where he is taking his country’s talent to’…being in an inspiring position….
One who can cook his CV in just few days is equating himself with who have experience in Years….now tell me who is talented/ hard worker/ responsible?? Keep your integrity, Human values aside. cause they are said and not done at wipro anyway….they would have made to understand by everyone in high level management not just limited to poster publicity like a movie publicity. One who is working in Wipro is not happy and outside not happy. Why still talk about Human Values??
Don’t we know WIPRO was never in top 10 best employers in India inspite of its long career in IT?
Don’t spoil career of a talented Indian . Just for his food and career he is doing this not to become multi millionaire or something right!!!!
Jesus said: No One Born of God Makes a Practice of Sinning, punish who created an opportunity to make a sin.
Mr. Real…Everyone wants food for living…not just the one with filled stomach.
Stay yourself in an island, starve yourself for a yr and then talk about honesty, F***er
You don’t know how jobless talent facing problems outside and what is making them to do so.
Simply don’t make statements just because your are filled stomach and ready to rest.
He may be altering his CV to get a job…and he is doing it the best at work ..Now tell me what is your problem? You are scared of his potential? If you are challenging compete with him and prove your Real talent, what is stopping you?
In down time before 2003… IIT pass outs, BITSians, NITans, University toppers do not have opportunity to work..its not that they are not talented,,its only lack of opportunity…
Now even a normal degree student with bare minimum percentage is getting a job as a fresher. Its pure luck..and who depend only on luck is the worst of its kind, I believe.
At least Indian services companies should realize that India is still middle class…don’t expect a professional who is from middle class, give him a chance and see…he will be the best out of all.
…. Don’t spoil a talented ones with such un realistic mechanism and ultimately don’t give them a chance to become criminals….
Fight for human values but for that don’t do fight against human.
The above content may have lot of emotions in place but nothing is meant to hurt anyone.
I am the one who have very closely observed life of such talent case.
Fan of Fan Frank Abagnale Jr.
~ Catch me if you can (An inspiring movie released during 2002)
March 25th, 2008 at 9:40 am
Hey Frank! what you said is absolutely right!!
Wipro plays a lot of cheap tricks. They just want to show headcount and get some projects and be famous
April 12th, 2008 at 1:16 am
employment criminal background checks…
I’m with the earlier poster, this seems like a good idea….
April 17th, 2008 at 5:26 am
check employment background checks…
very informative posting thanks…
May 3rd, 2008 at 4:50 pm
Employees Retirement System…
Your blog makes very interesting reading. I’m sure others will think so too I look forward to reading their comments….