Are there layoffs scheduled to happen by end of September after announcement of Q3 results?
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This is so true and so indicative of how bad things are
See how vehemently central minister deny layoffs exist (and dont act on forced resignations)
Certainly, to meet cost savings for december quarter - another round senior layoff a must.
Now on expect it to be a routine affair, Managements salary and earnings are directly connected to it.
Only customers and shareholders interests matter.
We are already managing the government by giving huge donations to ruling party at center thro nasscom lobbyists out tax breaks are intact and we will continue to reap bumper profits by enslaving educated and talented Indians, thanks to the desperate government which is silently staring at shrinking economy.
See how vehemently central minister deny layoffs exist (and dont act on forced resignations)