savings made from variable pay and hike avoidance used to pay incentives to DM, DD and VP. more they save by firing seniors and manipulating performance the more they stand to gain in the slowing down market
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Topics regarding layoffs at Syntel Inc.
layoff restarts in chennai 5 leads asked to leave
Expected variable pay of 55% only. Because of market bad outside for syntel not others. So be careful
Syntel is doing great. The stock keeps rising. You can make your own hours in Arizona. Can go out every night and start when you want. Been there 3 years easy job with great pay! Started out of college and can still party when I want. I love this... read more
Results are getting worse by quarter.. The current ceeeo also couldn't do much.. Time to review his performance.. And put him on bench.. Hey what about our lazy sales team. Did they get any peanuts size deals yet.
Current Q4 results reviles the thought process of higher management, that they are not thinking more on Employee engagement .. it seems the unsatisfied senior technical employee attrition rate is constantly above 20% from last quarters and still... read more
dont waste time uploading profile in MITR , it is fake , for last 7 years no one has been hired thro mitr referrals, HR and recruitment folks make money by using he database and selling the resumes database to outside consultants. Dont refer good... read more
Why so many vacancy now, have they got some treasures of projects? First you remove people and then you hire. It's all a racket going on.
If there are any options for buyout of Syntel then it will be good. Current forecasts look bad.
PDAC, HR, DM are all idiots in the same boat. All portray corrupt, illogical practices.
Get some good deals you lazy sales people. What about your Syntel perspective sales meet, 1-2-3 . You are just acting like back benchers in school, failing each and every quarter. If you have any shame left, go out and get good deals.
all is well syntel is shining, like, our (clueless) PM s achhe din(good days are here)... all digital... robotic automation , AI, solutions given by syntel like companies to customer will lead to end of the agony for IT pros,no need to work late... read more
Expect another year of no hike or min hike. Market is good. But sorry syntel is down. We are sleeping on sales. But DM plus would get their share of cuts, down below resources you can change the company or be here for more frustratiton.
If you can't goal then change your goal post. This is being followed by sales team. No vision no goals, is the best way to work. And will drown the company along you fake people.
All you need to know about the failures who work at Syntel.
Next major layoff cycle to starst from 20 the jan 2018 - List almost ready. benching of targets start fist week Jan...followed by forced resignation after predetermined duration of - make them run around and beg for project process. 5 years exp and... read more
Syntel’s HR policies are some of the worst for any company I’ve been with and know of. It’s not employee friendly at all, and considering all the sacrifices we make i.e. no work/life balance, relocations etc., you would think it would provide A... read more
The time i spent working for Syntel was the worst in my life. This company has the worst work culture I’ve ever experienced. Politics is rampant and there is absolutely no work life balance. Room for growth is unheard of and leadership is satisfied... read more
Syntel is out of ICU. Now need regular medicine but under observation. Traces of virus (overhead of DM, DD) still prevalent. These virus need to be given bitter dose.
It's not looking forward to growth, the learnings on new technologies are being done but they care lilltle to engage current staff and busy hiring outsiders. Still lot more to be dealt with the upper bands contributing to sales. No worth future in... read more
Most of you know it and suffered from their nuisance. now people are so vocal to discuss it in canteen. these fellows are gr8 exampal of favoritism. unfortunately jodi breaker worked silently.
sales in the Euro zone are nil. When other peers are cashing in those areas, Syntel is sleeping on American dream. No vision for growth, the company is going down the drain.
On bench - Dont worry - walk in @ mphasis if you have logistics (fedex) exp.
50% DDs DM and VPs to be seen off by March 2018. some have started to leave already those wth shares and ESops are resisting, co chair ranadee also seen as burden on salary bill
Huge incentives paid to DD/DM VPs based on fake performance numbers.
real recovery cant happen thro layoffs - fake recovery is possible Mismanagement is still rampant , large scale corruption, regionalism in hiring and layoff.
Company out of ICU. Recovery going on. Need medicine for another 2.quarters. Layoffs can happen in between.
Just a question - what will happen to us?
Is it really true that we may have job cuts in Troy.
recently interviewed by this firm for MS dynamics , final round HR asked for money for releasing offer, said good bye, dubiuos org and dubious people
50% Campus recruits with 4-5 years exp to be laid off by March 2018. Reason - campus recruits unable to handle even lightly technical work like support & maintenance. company unable to attract lateral due to salary of dummies - (campus hires)
I heard that syntel is going to close on December.
Why is synt going down when other peer companies are doing excellent. Is this downfall a sudden event of 1.day 1. Week 1.month ? It's an exponential down fall predictable from past 1.year. Then why not we become serious and worked to get business... read more
more than 70% clients put management on notice about poor quality employees - freshers being passed on as experienced. Seek 70% refund on billed amount.
mphasis back in fedex
major health care client moving work out of syntel by end of next quarter
syntel copied techm technique to layoff 25% work force kudos to abhishek pandey for saving basic pay for syntel (beggar cant be choosers - DDs/DMs made big money through save basic pay thro forced resignation in the inditial phase of layoff) - shame... read more
mgmt discussing with DDs and VPS what to do with dud and dumb campus hires who cant code. once local DD in pune suggesting hiring from bglr and hyd , what a pity. TEkm recently fired 10 VPs syntel has lot to catch up
Things are not working out the way they should be. By saying things on emails doesn't work out. Something is missing, nothing is working out. Clients, projects, infrastructure, facilities, hike, promotion, employee satisfaction, nothing is looking... read more
Fake recruiting Ads by syntels - Java 3 yeas exp health care Fake interview - Interviewer has no experience on java. After interview Hr offer lower salary than current pay and location pune talawadi. interviewer keep switching to marathi language... read more