Topics regarding layoffs at Syntel Inc.

Topics regarding layoffs at Syntel Inc.

Free Lean Idea for Syntel Management

Sack the managers who are promoting chatugiri and caste based reservation in syntel. People who are in their good books get good onsite opportunities. Their act is as if they are career/future builder(GOD) for others. Publish the actual SEEK results... — read more 

Layoff not stopped yet.

Only B2, B4 and B5 people have been laid off so far. B3 not touched yet. They will be laid off in May.

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| 685 views | | 4 replies (last April 23, 2015)
Post ID: @OP+B9AxvB3

Syntel fired 6000+ emp and stopped firing

Syntel has fired around 6000 employees and now they stopped firing. They did'nt have any projects to accommodate bench people. So they decided to fire some people, no criteria and no justice to the employees. Fired the people who has rating in E20s... — read more 

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| 880 views | | 7 replies (last May 11, 2015)
Post ID: @OP+B8etbGI

Anyone wants to say about us who are waiting for Syntel and hear such news? Will we get our joining or not? Already waited 8 months

Cs people got doj but ece people left? Would all that's going on impact joining process for us ? Because just as we were the next batches to get doj ..the joining has been put to hold. Please help seniors. I know you are angry at Syntel but help me... — read more 

Syntel Layoff

Syntel giving layoff, no criteria nothing, +2 Exp guys can apply in other organization but where will 1+ exp guys apply? its the Company policy failure which is spoiling the young Software engineer career atleast the people with more than 2 + exp can... — read more 

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| 1100 views | | 6 replies (last May 11, 2015)
Post ID: @OP+B5xlJCe

All these are fake news about syntel aquired by cts

I know a top most HR, firing is just to reduce the strength by 6000, syntel had revenue loss in q1 2015. Syntel lost so many projects, they are expecting that they don't need more then 15000 emp by this year end

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| 1220 views | | 4 replies (last May 28, 2016)
Post ID: @OP+B5Imxow

Syntel has decided to fire 6000 in the month of April.

Syntel has decided to fire 6000 in the month of April. No one knows the exact reason behind why Syntel is acting in such a way. Poor company targeting to reach 1 million dollars company from 2009. Now today even in 2015 they are not able to reach... — read more 

NO Criteria just numbers

People who are in billing for 2 years, someone who is supposed to travel to onsite are also laid of. Not sure what is their criteria but lay-off just for numbers will hurt the company. Employee Mood is down and productivity is down.

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| 650 views | | 5 replies (last May 11, 2015)
Post ID: @OP+B4WN7Ny

Layoff criteria...

No specific criteria of layoff...its depend on person. They are checking each and every person and trying to find some thing that they can use against him. Surprised but how a company can do such thing with employee...all thing indicating ttowards... — read more 

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| 604 views | | 1 reply (April 17, 2015)
Post ID: @OP+B302oSb

Here are the facts

All bullshit. I know the facts. So far 1500 people have exited which includes resignations. Actual count of layoffs is around 1200 as of today. News of CTS taking over is just a rumor.

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| 890 views | | 7 replies (last April 30, 2015)
Post ID: @OP+B3Sp6PP

Syntel Cut to Hold status from BUY at Maxim Group (SYNT)

Syntel Cut to Hold status from BUY at Maxim Group (SYNT) and share prices are supposed to dip and heavy outflow of money is expected within few days/ The target of the company is around 1500-3000 underperformers. As per HR Head(India), this is a... — read more 

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| 660 views | | no replies yet
Post ID: @OP+B29BzYA

Layoff is true

What i heard is that it is being bought by Cognizant and they need to get down their employee strength to 15000 or so. So firing is in progress and daily around 100 people are being laid off.

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| 614 views | | no replies yet
Post ID: @OP+B2tfNSE

Syntel following the path of TCS in firing employees.

Syntel is firing resources as 6000 employee are suddenly put on bench due to ramp down of project from one of the biggest account. The firing started after the release of rating. In 1st week of April around 100 employees were asked to resign.

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| 2690 views | | 20 replies (last April 29, 2015)
Post ID: @OP+B0nmQLs

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