Candidates holding multiple offers , can someone advise on how to politely say no to the company that gave the initial offer ?
Also , is there any action taken if we do not join the IT MNC's like WIPRO,INFY,TCS,HCL after initially accepting the offer ?

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Would recommend you to inform them *in time*, with any genuine reason. I know we might be feeling guilty inside but the companies you've mentioned hire multiple people for a skillset, esp with aggressive hiring rn ongoing. Can tell you from my experience, was too nervous to do the same for Wipro last month, given their process was so smooth n HR was also incredible but once I dropped them a note, they literally didn't even care to respond or call to persuade. I think it was because they hired me on one of their weekend drives for specific practise/skill set and no project was directly going to get impacted. So that also matters.

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On the other hand, if it's Product based firms or let's say even a service based firm but they have hired you keeping a specific project in mind and it's a critical role where they needed to plan your transition as the other person might be offborading soon, then it doesn't hurt to just be a little more polite in your note and tread carefully. Such companies/projects are the ones who usually follow up and try to persuade. But usually, no one would black list afaik.

Well I generally declined saying won’t be able to join , some place profile on hold as they can’t match ctc other was saying decide and let us know.😇

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