folks stop cribbing only CEO pay and top ESOP armed sr mgmt staff pay matters. here-Customer and share holder must be happy -employee disposable and there are too many of them to satisfy -hence drop the idea -this is is thinking of people who run... read more
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Topics regarding layoffs at Tech Mahindra
Tech Mahindra once again stood in the news for illegally laying off employees a few days back in Pune. While the official news said the count was 75 unofficially it was more than 300. I talked with some of my friends who work there. Most of them are... read more
This seems to be the latest in Tech Mahindra's dictator type policy (as in May/ Jun 2018). I want to bring out another facet of Tech Mahindra. An employee, I know personally resigned, but the hierarchy is refusing to release him. The idea seems to... read more
They fired hundreds of freshers silently last year. Rmg's treat freshers like sh-- and won't help them in finding projects. Freshers will be waiting for that day where they will be placed in a project. Suddenly one day HR calls and warns you to put... read more
One of the worst companies. The amount of exploitaton this company does is disgusting. No ethics, no values nothing. Top management is run by greedy corrupted capitalists. They covered up the news of the mass illegal layoffs. Don't join there is no... read more
Appraisal system has too many backdoor entry facilities - you will be shown as accepting things not attributable to you, employee feedback can be modified, truncated deleted and changed from back end to justify layoff on performance grounds to avoid... read more
The layoff have started - things will not get any better. They are pressuring people to leave.
June 8 2018 Tech Mahindra Layoff Plan : Senior Employee Prepares to Fight http://new-democrats.com/tech-mahindra-layoff-plan-employee-of-17-years-prepares-to-fight/
new chief people officer tasked with reducing senior employees by min 25% per year- rapid pace of layoff soon as CPO's pay is directly linked to rate of reduction of senior employees.
trick mahindra- major layoff by lowering retirement to 55 After laying off 10000 employee by lowering retirement age to 55 now launching new retirement rule to reduce retirement age to 50 years. 25000 employees to be affected.
layoff restart ? 5 senior technies asked to leave in pune last week
RISE advertisement in tata sky a big joke - company doesnt train regular employees properly buy investing in training in stray folk in outdated skills and trying show off as social work and fool the government on skill development....
http://www.newindianexpress.com/thesundaystandard/2018/feb/10/layoffs-plunge-it-firms-into-brand-image-crisis-1771438.html After a considerable number of tech professionals were terminated over the past year, managing ‘employer branding’, a... read more
coo is so outdated and unskilled why not force him to resign, so that he can spend full time on social media along with other useless VPs laid off recently
telecom work drying up - pune based bosses trying to hijack hyderabad based project to pune - expect huge layoff of telugu people and forcible movement of good projects to pune office
COO planting his tameil/malyali chamchas in Hyderabad to layoff local telangana managers and employee . Report issues to telangana joint action commitee
CEO is worried about LTCG tax say his pay needs to restructured. Cant manipulate stock price to boost effective ESOP based pay model. he whatsapp leak system became useless. already got rap and fine from sebi for insider trading by 3 senrior VPS
laying of indians to Boost profits and moving jobs to USA after enjoying tax breaks in India. Moving business one Indian state special status(zero tax) state to another with special status just to dodge taxes and profiteering.
With no business growth and layoff - why techm needs new center in warangal - to move project with worst slave labor like working conditions to Telengana like verizon support and do rela estate business link they are doing in amaravati/vijaywawada... read more
illegal black listing of laid off employee by marking as as unfit or rehire - this practice going on here since 2010, thousands of unsuspecting employees who were laid off found their job search reaching dead end as these folks were leaking info thro... read more
Time make a number of complaints against this firms too as based on viral audio and other cases Employee physical abuse - criminal case registered against Verizon in India A criminal case was booked against Verizon Data Services India (VDSI) Pvt Ltd... read more
By keeping entry level salaries low Indian IT companies are showing underpaid senior employees as overpaid and firing them and replacing them with freshers. The firings have been stalled lately as professional bodies exposed the profiteering practice... read more
IT Employees Retrenchment Reaches New Low Hooligans, goons, henchmen and even doctors (psychiatrists in all probability) https://newsclick.in/it-employees-retrenchment-reaches-new-low
10000 freshes waiting to join - so 10000 employee to be laid off- Big boost to profits seniors dont train newbies
Although letting-go people is a common phenomenon at TechM like any other company, 2017 was slightly different. The number is slightly higher this year and TechM is done with cleaning up Q1 to Q4, normalising their internal project team (CIO team)... read more
staying in cost cutting mode make it easy to implement exploitative employment practices by unleashing fear psychosis
cost cutting tactics used to reduce cost of cars and tractor but prices sky high their homes are only for rich business men... profiteering at the cost of Indian tax payer. GST benefit not passed on to customers... layoff seniors and hire fresher... read more
trying hard to clean up numbers to avoid losing tax breaks and investigations from govt.
to justify layoff results manipulated for 2-3 quarter to defer revenue recognition. Stock manipulated to bring huge gains to senior management who thrive on ESOS
layoff seniors on skill factor - LFH(learn from home for fresher on boarding) question paper for sale in pune for locals. Where are the skills
layoffs and bad unethical work environment- freshers abandoning offers (LOI) and moving on
Proportion of seniors in project teams to be cut by 50% by next quarter, forcing seniors on to bench and eventually force them to resign.
Take over good companies an spoil the culture cook up data -
head count to be trimmed to 75000 by march 2018.
5000 freshers with LOI advised to look for other jobs by this firm. due to falling business unable to obsorb freshers
with a plan to layoff later - below average performance Freshers (graduates who took more than 5 years and are second class pass), being hired in Hyderabad to mislead management.
100 telangana freshers laid off in Hyderabad in August and their jobs moved to Pune maharashtra This company moving jobs out of telangana . All affected freshers can report to TJAC - Telangana jont action commitee
Just saw auto mail triggered about one senior voluntary resignation - seems new system in place to trigger our backdated resignations to cover up layoff. the mail wont reach employee mail box ID but stopped at server level to keep employee in dark.
long back this ifrm set up COEFSEM- center of excellence for staff exploitation and manipulation . Fist goal dont allow experienced to staff to acquire new skill by keeping them so busy that they have to work on weekends also. Zero spend on training... read more