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.
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
Syntel asking employee to put employees paper down in system and then not paying any compensation like 3 month notice pay.
Rakesh Nitin is not good CEO, he is not doing right thinks, we never seen this kind of envirorment in syntel but after taking over by Nitin Rakesh everything got changed.
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
What is a typical Severance Package?
Anyone knows?
Previous CEO(Prashant Ranade) was good..now CEO(Nitin Rakesh) changed and everything started collapsing
Nitin is not good CEO at all, He is not publishing Appraisal but firing people. This will be really huge impact on all Employees..we can not believe this company .
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
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
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.
Yes it 100% true , because 1 developer and 4 manager concept.
Yes it 100% true , because 1 developer and 4 manager concept.
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
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.
Syntel is playing with Employees future by not making scene clear and not responding to rumors
As of now nobody knows, why Syntel started layoff? How much they are going to layoff? Are they selling off company? Nothing is clear, some says there will be ramp down by 30% and then some says it will be 60%. Bad thing is Syntel has not even... — read more
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
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.
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.