see the nasty practice indian management. All techies over 35 are considered outdated and fired.
The news press release of top Indian IT services CEO.
http://economictimes.indiatimes.com/industry/tech/ites/a-techie-and-above-30-you-are-most-likely-to-be-fired/articleshow/57509522.cms
urgent need to contain the damage the brick mortar cum tech indian IT players TCS, techm mahindr and wipro as they are trying to bring down slaries to slavery level and exploit the service sector.
@gckq, I can't answer your question, but I've seen identical post on another thread,. Suppose you made it, so peace of advice- post only on one thread, or make one new thread We all read most recent posts, so one is enough, and if you post multiple identical posts, site admins will mark you as spammer and delete all you ever written. They'll block your IP as well.
Hey guys, has any of your known people given any firing letters? What is the process? Employee is resinging or they are firing/Terminating? Will they give any Extra Amount before asking employees to resign? Or just 2 months notice period time?
More than the IT professionals, it is the companies that will suffer the most by eliminating people above 35 years of age. The NASSCOM itself admits that the graduates coming out of college are unfit for deployment. I was part of the recruitment for my own account and wouldn't hesitate to say that 9 out of 10 candidates are worth nothing.
The biggest factor for the fall of Indian IT is not managing the customers, account and the business. Usually the guys above 35 handle this area in most companies. Now, if these guys are made redundant means the doomsday is fast approaching the Indian IT sector. These companies cannot survive for long with freshers. One fine day, Indian IT sector will get exposed soon and will be dumped totally.
Large scale layoff of senior employee who are have over 10 years experience stagnated in their career in roles like PM, Test manager, PMO, Release manager, Test lead, proposal, pre sales , support , resourcing etc are being laid off as these employees draw higher salaries and add almost same value as people with less exp who are waiting to move to these roles.
Since companies dont have any higher roles to utilize their experience there is a glut of skills in these roles who draw higher salary each year without any increase in responsibility/ or niche skill
Instead of slowing down hikes are rationalizing pay, seniors are being labelled as outdated and being fired.
This going on since 2015 in TCS, Tech mahindra , Syntel and many other companies but it happening on regular daily basis silently by moving the identified individuals to bench and allowing them to age and remove all business risk and one fine morning the guys get call to meet HR and asked to put in papers to save themselves from being labelled as incompetent(threat to mention lay off of performance grounds in letter etc) by resigning voluntarily.
From 2015 on wards It sector in India has laid off almost 50000 employees who are in the age band of 35-50 years , to boost profit margins.
government is considering scrapping the tax breaks given to IT sector but is hesitating due to lack of evidence of layoff as this involuntary attrition is not provable.
if u notice this please write to PMO (Prime ministers office) highlighting the problem of unethical practices.
That's old #agediscrimination that's omnipresent in the Indian IT sector. Many accept it, people just do not talk about it.
There is a doom coming for Techies:
http://www.hindustantimes.com/gurgaon/cognizant-layoffs-techies-look-for-options-in-other-sectors/story-v5B6c6puOCGUEBkJBd3wSJ.html