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Wednesday, November 25, 2009

Insecure IT companies in India

There are so many big IT companies in India. But have you even wondered which are insecured from employee's point of view. We are seeing that some IT companies are firing their employees due to bad performance or even because of recession. Here we will see which IT companies are insecure for employment and growth point of view.
Insecure IT companies:-
  • IBM :- Right now this is the most firing company for Its employees. In the last 6 months, this company has fired nearly 20% of their employees because of Back ground check issues and performance issues. This is the most insecure company from an IT professional's point of view. They don't have any strategic plans for HR policies regarding employee security. No appraisals (maximum 10%).
  • Accenture:- This is the second top most firing company. The firing rate is around 5%. This company depends upon outsourced projects; they have a unique system where Accenture development centers around the world bid for a project coming into the company. Currently Philippines centre is taking the cake and the Indian centers are in a firing mode.
  • TCS:- Some years back it was an government IT Company . Now a days Its becoming firing IT company. Recently they fired on 500 people( the people below 2 years of experience) and TCS lost so many projects recently ( especially British Telecoms Project).
  • Wipro:- company fires people with very frequent back ground checks and firing them with out even experience letters and relieving letters (will mention as terminated from services)but will promise the employees that they will retain them. After the project is over they will fire away.
  • Intel:- Recently joined the league. Running in heavy losses, hence firing 3000 employees in the Bangalore center in a phased out manner.
  • CTS:- Has a steady firing policy (checking the Educational background and previous employment and also employee performance).

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