many VPs mostly veterans and long timers have been asked to leave
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that still makes poor Rakesh the cheapest CEO in Indian IT.
Hope he gets paid well once he is on ATOS mgmt team, he already suffered a lot under previous CEO Niteen Rokesh
Rakesh Khanna CEO Syntel got 1 million dollard bonus to celebrate independence day courtesy Bharat Desai controlled board..plan is to hire fresher's in managerial roles to ensure 100% bonus for DDs & VPs.
fire lower level staff and earn bonus scheme will end, leading to loss of extra income to DMs DDs and VPs
Are freshers safe in America with Atos? I have 2 1/2 years with Syntel. I'm a QA. I work mostly on American Express. I feel I'm safe with my job.
the key think is they have no where to go but home.
of course they have already made too much money doing nothing over last 20 years
Most of the DD's will also be marching behind them