25% of CTC will be variable pay, and it will be paid once a year and 100% based on company performance and revenue etc. I think they’re indirectly asking all GCM 6 and above to resign.

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Posting as :
works at
You are currently posting as works at

Wait for some more time,they will directly ask all of us to resign

funny

Anyway Variable pay they are not giving. Earlier they given 25% of it. So technically not much difference.

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Headcount is now reduced to 18k India and USA must be 4-5 K max I don't know..

Europe must be 9K max.. Atos employees about 11k Max reducing constantly..

So total our employees strength is around 45-50 K max..

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Any email communication for this?

I would think line managers have been informed, and they’re cascading the information to their team.

So effectively 75 percent only is ctc

Yep, forced pay cuts

It is 25% of variable pay is based on company performance & rest 75% is based on rating you get. It's not 25% of CTC

That’s the variable pay payout criteria till GCM 5.

This is about GCM 6 and above and how the actual amount is calculated.

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This is regarding variable pay distribution which was already implemented last time..

CTC is same.

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