bad acquisition all set to sink ATOS . Financials which formed the basis behind the takeover price seem be suspect so are the digital capabilities of syntel. The automation capabilities are only confined to ppts and some amateurish code chunks copied from opensource.
ATOS share price down 50% in the last one month
newbee, doesnt know basic salary is not a perk. this company syntel was sold as it was unable to get any big contracts from any client except fedex (a very low billing rate client). a such techies stopped joining this company three years ago so they were unable to fulfill the replacement staff against attrition.
Digital and automation initiatives were a big flop with respective digital head and automation heads shown door.
Sell before it is too late was the goal given to Rakesh khanna the last CEO who managed to window dress the results as even visa approvals became extremely difficult as USCIS put syntel in suspicious firm list
I work in America (Arizona) Syntel wonderful company. Plenty of perks. Work from home with company computers. Lots of vacation time 4 weeks after 2 years. Can take every holiday. Atos should be happy to have us!!
no work from home in 'syntel, the infrastructure quality is so poor working from office it self thro vpn is a challenge due to low band width, the quality of furniture especially office chairs is atrocious, 3 months is enough to develop back and neck problems. the canteen quality is so bad due to corruption.
over all this the marathi group in pune and tamil groups in chennai make working here a hell or rest of Indians
Syntel a good company. They let you work at home occasionally. If your work is done can leave early. Don't have to work 40 hours. A great salary out of College and they pay all your moving expenses! Not to stressful can go out every night after work, if you want to!
one mans garbage is another mans treasure
ATOS will be making a big blunder the same old syntel VPs in USA who failed to to bring in new business for last 10years. Unless they fix this.
Bharat Desai is smiling now on future of ATOS