This news has been written to defame SMALLER Organisations -->> Be very careful while choosing a company. Small companies are becoming cheats these days by adopting American work policy of hire & fire
Just ask Wipro, Infy, Satyam,Nokia,TCS ... other bigger companies if they are NOT CHEATS why they have Laid off Numerous people in background ?? So how smaller firms are CHeats and BIgger ones Not ?
Big Firms are jealous of Smaller ones since Smaller ones are eating on their profits, providing better Work, Pay, Growth ... to employees and hence becoming preferred choice of job seekers. Go to Infy,Wipro ,TCS ... and enter junk projects Or choose Smaller firms and get valuable experience in real core project work .. and jobseekers are nowadays enlightened ones , no need to explain them ! Only such people join these big firms who prove "Beggers are not choosers" This further explain if you are in Bigger Firms , you are no more than Sh..t ! ( exceptions excluded )
Jobseekers , just remember that these layoffs are a way for survival. Any jobseeker who can feed their loved ones if they have nothing to eat themselves , wont you throw out your loved ones out ? Same applies to any business. They love you but not more than self ! SO do you , isnt it ?
Layoff is happening but both the employers and the employees are in a way taking advantage of it. I work as a Centre Manager for an IIT incubated embedded systems training company. My subordinate asked for a raise and although the company gave a raise it wanted to sack another employee as it felt a four thousand rupees raise should not be at the cost of the company. I was shocked. But I have also learnt that all those incubated companies (which are all very small) not only cheat its internal and external stakeholders but also try and ride the popularity of the IIMs and the IITs. It is unfortunate that having the best education that this country can offer at a subsidized rate after a rigourous selection, we get to have such incubated frauds out in the market doing business at the cost of the tax payer's money. Their education is at our expense. My suggestion is please verify the company before you join. Do not be taken for a ride based on tall claims and affiliations. People love to talk these days. But they can't substantiate what they claim. May be you can earn a little less. Try gaining some expertise at a lesser cost. When things improve, move on.
Do not give suggestions.Because it is too easy.Now every private venture company using the manpower as per their requirement and in the basic of give and take policy.Central govt. have to look into the mater for the safety of manpower harassment and conform minimum growth.
Re: HYPOCRITE
by saurav das on May 14, 2009 01:07 PM
Dear Mishra-Ji, you talk like a typical Babumoshai. Why bring the central govt in the picture when the problem lies with the people? Do you phone the govt or the PMO when your kitchen supplies run out of stock? :)
As you all are pointing out about layoff from IT companienes, I would look at it in a diff way. We have earned well in good times when the market is doing bad even the company need to show profit's for its investor. So they need to layoff people to keep profitablity,I agree it hurts but thats the fact we need to learn to live with.
Re: We need to learn to live with layoff's
by saurav das on May 14, 2009 01:09 PM
As you rightly say profitability is an issue which needs to be maintained. HOwever why should it always be at the cost of the lower rung of workers? Why not the senior management? After all those guys cost a hell lot more than a buch of managers or junior executives?
Re: Re: We need to learn to live with layoff's
by rajiv mehta on May 14, 2009 10:30 AM
I completely agree with you. This is because top management has great powers and they have big responsibilities. Senior managers hire people in huge numbers because they anticipate that a big project will come. At a later date when nothing shows up they order HR people to fire the recruits. People at grass root level don't have any visibility as what is happening in the company. They do their daily work and that's all.
"The manager is always under tremendous pressure from the management for cutting costs."
Isn't the manager also an integral part of the management?
As somebody else suggested here, this guy Ram Munjal should resign in protest if he is so concerned about his best employees. Otherwise, he sounds just like a hypocrite.
Re: Is this a joke?
by J on May 17, 2009 03:13 PM
Let me clarify - there are managers and there are executives. The managers run the day to day activites of an organization based on policies and strategies, which are designed by executives. Managers are not involved in decision making and are themselves subject to the same issues faced by junior employees, though it may not be too visible to the lower levels.
If you are still not clear, think of Manmohan as a manager and Sonia as the executive and look at what is happening in the country. You will understand. (Very soon, you will see Manmohan getting laid off and Rahul getting the PM's job).
Re: Is this a joke?
by kidface m on May 14, 2009 12:25 PM
Middle Managment is the buffer. They get the worst of both sides - in good times or bad times.
I don't feel it illogical. With my short professional experience, my views are that company or everyone in market wants profit & the top management is there to maintain the thresholds.
When times are good, company conduct mass recruitment & happiness is all around. Now even if you are well performing but your product isn't capturing the market due to recession, the losses & decline in stocks will make you think of protecting the available cash. Then comes the layoffs & close of projects. The management is even not happy with these decisions. It is just like you buy a share. It under-performs...you wait for some time....but when it go beyond your limits, you sell it.. I hope the top management is not the real culprit but overall market situations.
Re: Everybody wants profit !!
by brahman cat on May 14, 2009 10:02 AM
Let the top management fire themselves. Then we can start believing that they are not the culprits.
Re: Re: Everybody wants profit !!
by Rajkumar Agrawal on May 14, 2009 10:11 AM
Dear, in current scenarios the scene is like that too. Some companies are firing top managers to cut down hugh costs
Re: Re: Re: Everybody wants profit !!
by rajiv mehta on May 14, 2009 10:41 AM
You will feel the heat only when you are laid off. It is easier to think in logical terms when we are not affected.
Re: Re: Re: Everybody wants profit !!
by brahman cat on May 14, 2009 10:18 AM
A bankrupt/almost bankrupt company like Chrysler or GM firing off their top management as a lost resort is expected. What we need is to fire the management guys as the first resort, not the last one.
Re: Re: Re: Re: Re: Everybody wants profit !!
by Rajkumar Agrawal on May 14, 2009 10:44 AM
Bankrupts can do anything...agreed. But practically, firing top mgmt can't be the first note everytime. Most of companies are taking different alternatives for layoff e.g. performance review(of both Sr. & Jr.)
1)There is definately Hire and Fire American Culture because we live in outsourced world and are dependent on somebody else economy.This cannot be avoided 2)Regarding verifying the company before joining,how much trustable is the information obtained from the sources about your prospective employer. 3) Why not to blame the manager? I agree that a manager is under tremendous pressure in such situations but he has to remain firm in supporting top performers in his team and convince about them to the top management.How will the subordinates feel motivated if their manager acts like a puppet in hands of top management And last but not the least Dont you feel that the recission is more exaggarated one.I feel that this is due to greed of few financial establishments and the American lifestyle of "Just enjoy" which led to reshake of economy and since all sectors are dependent on finance,they started collapsing and its effect were felt all around world. Hope that in India income tax limit is raised to 3.5 lacs(As promised by BJP led NDA in its common election manifesto) so that this saved tax can be invested in stock market/its related sector like MF etc by common man which will be helpful for boosting our country's economy to some extent.This income tax limit is the need of the situation for our country.
