Thread regarding Capgemini layoffs

Mass layoffs already started!

Already 35 senior positions has been axed last month (Feb). This includes VP, Sr. Director and Director positions.

Around 200 resources, particularly working for US projects at Airoli office have been axed from all levels. IGate integration was a failure. CG had thought that IGATE will help for setting footprints in US and bag more US projects but it did not happen. So, now, IGate is not an asset but a liability. To coverup IGate integration loss, CG will for the first time give around 80% - 90% variable as variable payout expected to happen by 31st March 2017.

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| 16461 views | | 25 replies (last May 19, 2020) | Reply
Post ID: @OP+MqKqMsF

25 replies (most recent on top)

Yes, it is happening. Covid-19 impact.

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Post ID: @iCezt+MqKqMsF

Very dirty layoffs with COVID-19! Tell employees that they have to take PTO and still work. Then once the PTO is used up layoff employees across divisions and give minimal severance. Executives all keep their jobs. They claim their policy is "do no harm". Don't believe a word Capgemini says. People don't matter, only results count.

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Post ID: @iylgc+MqKqMsF

It's True. Management scheduling/Sending employment separation email in 3 hours window. It's time to think about title " People Matter Result Count".

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Post ID: @8Sley+MqKqMsF

This is VERY TRUE and NOT fake news. I know because I got laid off and a whole lot of people did. Once they merged with IGATE, all of the top management and HR were replaced by Indian IGATE employees. It was like discrimination against non-Indian employees. SMH

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Post ID: @83udd+MqKqMsF

Very bad management, dirty politics. No project. No humanity towards employees.

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Post ID: @4rsgy+MqKqMsF

Not fake news. They started last week. Beware of any meeting invites for a 'quick chat'

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Post ID: @15nnf+MqKqMsF

Capgemini has started Layoffs , this is true

Senior Directors and Vice presidents are already asked to leave Cap due to IGate overburden

1) All 4 and 5 rating resources are sacked and still continuing (this is regular every year)

2) All LBS resources are asked to leave who ever in bench though they have 1 (outstanding) and 2 (above expectations) rating

3) RMG department is instructed to send away the resources who are in bench irrespective of technology how hot or cold the technology is ,including Bigdata

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Post ID: @12kxw+MqKqMsF

Layoff has not been happened in Capgemini yet..Please don't beleive in such rumours.

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Post ID: @Vcab+MqKqMsF

Its fake news

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Post ID: @dnnb+MqKqMsF

Even in hyderabad also they had started lay offs of middle management

Its a useless integration

Igate is white elephant to cg

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Post ID: @awaj+MqKqMsF

True news.

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Post ID: @6laa+MqKqMsF

No fake news.

Those who have been fired told to give handover & leave in a week. As per CG policy, three months payout released by HR as a part of Full & Final Settlement.

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Post ID: @4wdc+MqKqMsF

It's the beginning leading to end

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Post ID: @3kep+MqKqMsF

It's just beginning of the end of Capgemini

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Post ID: @3fus+MqKqMsF

all higher management team has been replaced by igate team ... all these people will remove name of Capgemini from india..

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Post ID: @3zxk+MqKqMsF

this is absolutely true. After igate acquire, cg has not given appraisal and those who have given their all hike have been put into variable means indirectly no hike at all for skilled employees. Also since this year policies like compulsory 9.5 hours, strict leave policy, closing dormitory for patients are making employee life hell.

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Post ID: @3azl+MqKqMsF

Capgemini is progressing after igate acquisition

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Post ID: @3mwh+MqKqMsF

Fake news

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Post ID: @3ikc+MqKqMsF

This is fake news. No layoff happened.

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Post ID: @3tjv+MqKqMsF

Guys, this is the English only website, admins to lazy to Google translate, they'll just nuke your posts.

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Post ID: @2vwn+MqKqMsF

All this sh*t is happening since igate acquisition.

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Post ID: @2rvs+MqKqMsF

Is this true and can somebody confirm this...???

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Post ID: @2vgq+MqKqMsF

I think we have something good coming up for Indian workforce

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Post ID: @2qzy+MqKqMsF

Its ridiculous and it was bad decision of IGate acquisition. Capgemini will loose image in near future!

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Post ID: @1fai+MqKqMsF

This is true, and it's about to get worse. Soon.

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Post ID: @dmd+MqKqMsF

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