1 ) IBM — Right now this is the most firing company for IT
professionals. In the last 6 months, this company has fired nearly 20%
of their employees because of BG check and performance issues. This is
the most insecure company from an IT professional’s point of view. They
don’t have any strategic plans at HR policies regarding employee
security. No appraisals (maximum 10%).
2 )TCS — Previously its an government IT Company . Now a days TCS
alos becoming firing IT company. Recently they fired on 500
people.( the people below 2 years of experience) and TCS losts so
many projects recently( especially British Telecom Projects).
3 ) Accenture — This is second top most firing company. The firing rate
is around 5%. This 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 Philippinescentre is taking
the cake and the Indian centers are in a firing mode.
4 ) WIPRO — Firing 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.
Will threaten of criminal cases against such employees if they oppose
the move and has also filed against some.
5 ) Intel — Recently joined the league. Running in heavy losses, hence
firing 3000 employees in the Banglore center in a phased out manner.
6 ) CTS — Has a steady firing policy (checking the Educational
background and previous employment and also employee performance in
work). In a Recent HCL walk-in, around 50% attendees were from this
company. Sadly the I-pods have not helped them.
7 ) CSC — Excellent package but fires folks in Background check and
those on bench regularly. Recently fired 400+ employees from its
8 ) Satyam — Currently stopped firing. The Attrition rate is very high.
No firing from 2005 until now when 1000 employees were fired in
9 ) Patni —- They fired so many employees that currently they are
facing understaffing and deficiency with number of employees. Very high
10 ) Keane India —- This USA based company is always involved in firing
employees. Although they proudly say that they dont have hire and fire
policy. Recently they fired java and as400 professionals after which
most of the employees have started to pack their bags. Employees change
this company within 1 year.
So take care before accepting offers from these companies. 8)